Robust, fault-related trapping geometry identified at the Zorritos and Heath levels, defined by 2D seismic data. Deeper Heath level offers stacked potential and is characterised by reduced faulting. Structure located at a focus of migration from oil-mature Heath source kitchen. Zorritos structure > 60 km2. Several analogous features identified on the 2D data. Opportunity to… Continue reading Caballa Prospect
Category: TEA Project
Salmon Prospect
Robust structural lead at Zorritos level, with associated amplitude anomalies at shallower levels (Cardalitos & Tumbes). Located within centre of the basin above Heath Formation source rocks, with structure a focal point for migration pathways. Vertical migration up faults is also likely. There are also secondary objectives in the Cardalitos Formation and in the Tumbes… Continue reading Salmon Prospect
Tiburon Prospect
Extensive, stacked, fault-related trapping structures mapped on 2D seismic data. Deep-water clastic turbidite reservoirs in the Upper Zorritos with secondary potential in Heath Formation sands. Zorritos structure >100 km2. The Tiburon prospect offers the opportunity to not only test a large Zorritos resource but also target the potential for Heath reservoir to prove up a… Continue reading Tiburon Prospect
Piedra Redonda Gas Field
UNDEVELOPED GAS FIELD – MATERIAL RESOURCE RISC Advisory (2025) independent gas resource estimate. 2C Contingent Resources of # 1 trillion cubic feet (Tcf) 3C Contingent Resources of # 2.65 trillion cubic feet (Tcf) Gas to Power offers a scalable, lower cost, quick to market solution with existing transmission lines and nearby transformer substation linked Peru… Continue reading Piedra Redonda Gas Field
Raya Prospect
The combined structural & stratigraphic trap sealed by the Zorritos Unconformity covers 46 km2. Shallow water target ~80m water depth. Sealing Cardalitos shales above the Zorritos Unconformity and intra-formational shale seals within the Zorritos. There are several potential reservoirs that could be sealed by the unconformity with potential for stacked pay. The red/yellow response seen… Continue reading Raya Prospect
Bonito Prospect
Prominent basin centre high with up to 100 km2 of closure located directly above Heath Formation shales at peak oil maturity. Intensity of faulting decreases with depth meaning that deeper reservoirs within the Zorritos Formation have lower seal risk. Zorritos Formation comprises deepwater facies interpreted to contain intra-slope channels and basin floor turbidites which are… Continue reading Bonito Prospect