Colombia Project. MMV asset
This asset is located in the Meddle Magdalena Valley Basin, Colombia. The Block has two structures already drilled and tested (~10 MMBOE de-risked (pMean)). Four (4) wells drilled and fourteen (14) prospects and leads for additional ~40 MMBOE (p10, unrisked). Majority of traps sit on migration pathway between two prolific fields. Crude API 15o-17o in drilled structures – lighter crude expected in deeper traps to the east. Total acreage of 450 km2. The fields are not on production and covering just the 10% of the total acreage, there are no existing surface facilities.