• The original lease area is located in the northern part of the country, in the Department of Peten, and has an extension of 97,710 acres. • It is a Hidrocarbons Exploration and Exploitation Contract for a 25 year period, effective from September 2006. .
• In November 2012, the Exploratory Well Ocultún 2X makes the discovery of a Natural Gas and Condensate producing formation known as Hillbank, at a depth of 10,500 ft (TVD). • The gas bearing formation, with a gross thickness of over 300 feet, is characterized as a porous intercrystaline and fractured dolomite. More»