Petrolifera also has completed the block's environmental impact assessment (EIA), which the company has submitted to government authorities for review.
The company aims to begin its block 107 seismic program in spring 2007 if it secures timely government authorization.
Further, Petrolifera has completed its geochemistry program over three project areas in the Maranon basin's block 106 and is analyzing and interpreting the data.
Results from the program are expected to impact the fall 2007 seismic program on the block.
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