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Article: Phillips signs Peru contract.(Phillips Petroleum Peru Ltd. signs oil exploration contract with Perupetro S.A.)

Article from:
The Oil Daily
Article date:
February 3, 1997
Copyright

BARTLESVILLE, Okla. -- Phillips Petroleum Peru Ltd., a subsidiary of Phillips Petroleum Co., has signed a contract with state Perupetro S.A. to explore 3.1 million acres in southeast Peru over the next seven years.

Phillips will hold a 50% interest in Block 82, located near the Ucayali Basin on the border with Brazil, working as operator in a ...

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