GeoPark has been preliminarily awarded the REC-T-58, REC-T-67, REC-T77 and POT-T-834 onshore blocks (100% WI) in the Reconcavo and Potiguar basins. The Reconcavo blocks are located 10-40 km away from GeoPark’s recent light oil discovery, Praia dos Castelhanos, in the REC-T-128 block. The blocks cover an area of 30,731 acres in aggregate (or 124 sq km). Most importantly, they are also surrounded by producing fields.
12 Sep 2019
FLASH: New exploration acreage in Brazil
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FLASH: New exploration acreage in Brazil
GeoPark Ltd (0MDP:LON) | 0 0 (-1.2%) | Mkt Cap: 598.8m
- Published:
12 Sep 2019 -
Author:
Stephane Foucaud -
Pages:
2
GeoPark has been preliminarily awarded the REC-T-58, REC-T-67, REC-T77 and POT-T-834 onshore blocks (100% WI) in the Reconcavo and Potiguar basins. The Reconcavo blocks are located 10-40 km away from GeoPark’s recent light oil discovery, Praia dos Castelhanos, in the REC-T-128 block. The blocks cover an area of 30,731 acres in aggregate (or 124 sq km). Most importantly, they are also surrounded by producing fields.