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OUR STRUCTURE

We have operations in six countries in Latin America and since November 2019 we have grouped our business units into two regions. The Pacific Region covers operations in Colombia, Ecuador – where we started business in 2019 – and Peru. The Atlantic Region brings together the operations in Argentina, Brazil and Chile.

COLOMBIA

ECUADOR

 

PERU
10*Blocks2Blocks1Block
129.02P Reserves mmboe2P Reserves mmboe31.42P Reserves mmboe
32,304Average daily production (boepd)Average daily production (boepd)Average daily production (boepd)

CHILE

ARGENTINA

BRAZIL
5Blocks7Blocks12**Blocks
24.62P Reserves mmboe8.52P Reserves mmboe3.82P Reserves mmboe
3,143Average daily production (boepd)2,408Average daily production (boepd)2,191Average daily production (boepd)

 
             
CHILE  ARGENTINA  BRAZIL
 
 
 
 
 
 
 
 
 
 
 
 
 

CHILE
 
 

ARGENTINA
 
 

BRASIL
 
 
 
 
 
 
 
 
 
 
 
 
 
 5Blocks   7Blocks   12**Blocks
 24.62P  Reserves mmboe   8.52P  Reserves mmboe   3.82P  Reserves mmboe
 3,143Average daily production (boepd)   2,408Average daily production (boepd)   2,191Average daily production (boepd)
             
 
 

*Llanos 94 is subject to ANH approval. (See “Our operations in Colombia” in 20-F.)

** – We relinquished the REC-T-94, SEAL-T-268 and POT-T-747 blocks in January 2020. (See “Our operations in Brazil” in 20-F.)

– Block PN-T 597 is subject to the entry into the concession agreement by the ANP and absence of any legal impediments to signing. (See “Our operations in Brazil” in 20-F.)

– At December 31, 2019, the winning bids for blocks REC-T-58, REC-T-67, REC-T-77 and POT-T-834 were subject to confirmation of qualifications requirements by the ANP. The concession agreements were executed in February 2020. (See “Our operations in Brazil” in 20-F.)

INTEGRATED VALUE
SYSTEM SPEED
CERTIFICATES
AND AWARDS