PXP unit sends dispute notice over Peru drilling

By Jordeene B. Lagare

May 26, 2021 1:08 am

A SUBSIDIARY of PXP Energy Corp. has sent a written notice to its foreign partner for the latter's failure to drill a well in offshore Peru.

PXP Energy, through its subsidiary Pitkin Petroleum Z38 SRL, submitted a notice of dispute to Karoon Gas Australia Ltd. for breaching its obligation to drill a second well in Block Z-38 located in the Tumbes Basin.

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