Petroecuador Invites Companies to Participate In Bidding to Develop Block 6

Source: www.gulfoilandgas.com 6/9/2022, Location: South America

EP Petroecuador must choose a strategic partner to develop Block 6 through this bidding process. The Amistad Field's output should be increased, and the recovery factor of the Company's deposits in this Block should be maximized.

The first phase of the bidding process begins on June 13 with the receipt of letters of interest until June 24, 2022 from companies that wish to participate in the process. Subsequently, a Data Pack containing technical, economic and legal information will be made available to participants.

Currently, the daily production of Campo Amistad is approximately 24 MMSCFD.

Companies that wish to participate in this process may send their letters of interest to b6campoamistad@epetroecuador.ec .


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