Altamesa expects to be able to sign the modification to the license contract of Lot 192 in the coming months.
Altamesa Energy Canada Inc., a company dedicated to the exploration and production of hydrocarbons, expressed that it maintains its commitment and interest in participating as a strategic partner of Petroperú in the Lot 192 project located in the Loreto region, Peru.
The company presented to Perupetro all the necessary documentation required by the regulations and corresponding guidelines, it indicated through a statement.
It added that to date Perupetro is evaluating such documentation, being in its final stage.
“Once the qualification is obtained from Perupetro, Altamesa expects to be able to sign the modification to the license contract of Lot 192 in the coming months,” it expressed.
This modification would allow Altamesa to assume a direct role in the reactivation and development of the project.
It is estimated that once the contractual modification is signed, Altamesa could begin activities aimed at recovering the conditions of the field before the end of the year, estimating to restart production in 2024 with the consequent generation of local jobs and canon for the Loreto region.
Strategic Importance of Lot 192
Altamesa said it recognizes the strategic importance of Lot 192 for the country’s energy development after expressing its commitment to contribute to the growth of the hydrocarbons sector in Peru, as its intentions are long-term.
As well as with respect for the environment and communities under the ESG approach (English acronym for Environment, Social, and Governance).
Altamesa was chosen as a strategic partner of Petroperú after winning the contest called for this purpose and signed with the company a joint investment contract on August 13, 2021, which regulates the relationship between both companies.