​​Blocks 16 and Block 67 are ​​​​​located in the Orellana Province in the prolific Oriente Basin in Ecuador.

• Gross production as at March 31, 2022 of 15,407bopd (5,305 bopd net) at an average gravity of 14.7° API.
• The Blocks have accumulated primary production of approximately 373 million barrels of oil.
• Existing infrastructure includes two oil and water processing centers with a capacity of 75,000 bopd and 900,000 barrels of water per day
• The oil produced in the fields is moved by a 16-inch pipeline to Lago Agrio, where it is loaded into the Oleoducto de Crudos Pesados Ecuador S.A. pipeline and transported to a port on the Pacific Ocean.

Reserves

The net reserves attributable to the Blocks as of March 31, 2022 through to the expiry of the Service Contracts in December 2022 are as follows:

• 1P: 1.555 mmbbls
• 2P: 1.165 mmbbls