Gold Oil Extends Survey, Seeks Farm-In Candidates Offshore Peru

Gold Oil signed a definitive agreement with BGP Geoexplorer PTE to obtain a 3D seismic survey over Block Z34 offshore Peru. The extended survey will now measure around 197,684 acres (800 square kilometers) over both the southern and northern part of the area.

This survey comprises the first phase of 3D seismic over the license. Depending on the results of the seismic interpretation, the operator might request additional seismic, particularly in the northern area, to have a thorough evaluation of the block. Data acquisition should take about 50 days, with the survey results expected by year-end. 

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