PXP Energy, partners to start Peru oil drilling

PXP Energy Corp. and its partners are set to drill a well in its offshore exploration project in Peru this month.

According to the Pangilinan-led company, its partner Karoon Gas Australia Ltd. reported that the Stena Forth drillship has arrived in the Port of Callao in Peru’s capital Lima ahead of drilling the Marina-1 exploration well located in Block Z-38 in the Tumbes Basin.