Venezuela E & P

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Opportunity
Venezuela E & P
Summary
Region:
South America/Gulf of Mexico
Country
Venezuela
Company:
Pacific Rim Energy
Company Logo:
Address:
Caracas, Venezuela
Tel No:
584141181440
Email:
Website:
Date posted:
April 14, 2016 at 12:06 pm
Type of Deal:
Investment/Divestment
Hydrocarbon Type:
Oil
On/Offshore:
Offshore/Onshore
Opportunity Details:

Pacific Rim Energy Inc. (PRE) is seeking joint venture Partners on a 50/50 basis for reactivation of mature oil fields that are abandoned and shut in containing 17,000 wells. Over 100 abandoned oil fields available with crude oil ranging from 30-50 API. Minimum participation is 100 million to 5 billion bbls of proved reserves. PRE partner is CAMIMPEG the new Venezuelan Ministry of Defense oil, gas and mining company responsible for abandon oil fields.

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