Jaguar and its partner, Condor Energy Ltd, have completed the targeted reprocessing of legacy 3D seismic data on its 4,585 km² Tumbes Basin Technical Evaluation Agreement (TEA or block) offshore Peru.
Acquisition of comprehensive historical dataset complete, including more than 3,800 km2 of 3D and 7,000 km of seismic data.
Jaguar Exploration, Inc. is pleased to announce the execution of Technical Evaluation Agreement LXXXVI (TEA) with Perupetro, Peru’s National Hydrocarbons Agency, for offshore oil and gas exploration rights in a 4,858 km² block. The company holds a 20% stake in the TEA, partnering with Condor Energy, an Australian-based oil and gas exploration firm, which holds the remaining 80%.