Block 188 covers 595,809 hectares of prospective ground close to the Camisea producing field which is estimated to contain 16 trillion cubic feet of gas and 400 million barrels of condensate.
Block 183 covers of 396,826 hectares in the Maranon Basin, which has produced since the 1940s.
The company believes that Block 188 has Camisea-type potential and is also prospective for medium-size shallower fields, while any future discovery on Block 183 could connect to the existing gas and oil/condensate transport infrastructure.
Clontarf Energy was awarded these blocks in the October 2010 tender round.
