Ecuador

Significant Drilling Inventory and Resource Potential.

We are in the Oriente basin

Our 2019 entry into Ecuador has given us an exciting new platform in this country, which has the third largest reserves in the continent. The Espejo and Perico blocks, which are in one of the most prolific petroleum systems in Latin America, are adjacent to multiple producing oil fields and existing infrastructure. Our first discovery in Ecuador in 2022 was the Jandaya 1 well in the Perico block. 2022 discoveries added 3,000 bopd of gross production at this asset.

Ecuador at a Glance

Espejo, Perico

Key Assets

1,259 bOEPD

Production (4Q2022)

Before the Government’s
production share

33,000

Gross Acres

This is how we capture the future in Ecuador

We were the first company in Ecuador to innovate in 3-D seismic in the Espejo block. We used autonomous registration systems (nodes), which not only substantially improves logistics but also minimizes potential environmental impact from the cable systems.

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Seismic exploration in Ecuador

Our Asset Portfolio

Colombia

Ecuador

Chile

Brazil

Our Asset Portfolio