You hit the nail on the head, hopefully the boys in the office are putting in the hard yards because the payoff could be huge.
Here is an extract from Occidental, New opportunities for exploration and exploitation in Peru "Selection of Promotional Areas The selection of the promotional areas has been based on rigorous technical criteria, including the availability of technical information, geological prospectivity, the existence of plays, leads, and prospects, proximity to proven hydrocarbon deposits, and available logistic facilities. The selected areas are located in the Marañon, Huallaga, Ucayali, Madre de Dios, Salaverry, Trujillo, Lima, and Pisco basins."
CND Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)