Morning Trading June 7, page-17

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    GLV

    Previous production of 4,000 bopd at the excised Corvina field incorporated within the block

    • Located immediately south of the block is the AltoPena Negra oil field, one of Peru’s most productive fields, currently producing around 3,000 bopd with total historical production of more than 143 million barrels of oil
    • Historical corporate transactions in the region of up to US$900 million Dollars
    • Data from 7 historical 2D seismic campaigns and more than 3,800km2 of historical 3D seismic has been secured
    • No significant expenditure commitments for the TEA
    Global aim to generate Prospective Resources to facilitate potential third-party investment and/or
    farmin

 
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