This block of 296,500 acres has been developed in only part of its onshore sector, with about 2,900 mainly shallow wells. Roughly 2/3 of the onshore sector is still undeveloped, since further exploration was suspended after gas was encountered.
Virtually all of the shallow offshore part over 40% of the whole block awaits exploration, since no marine geophysical surveying has been done, and the only drilling to date was three low-angle directional wells from the beach. Two of the wells found oil in Paleogene sandstones; one of these was abandoned for mechanical problems, but the other produced for several months. BPZ considers that the unexplored areas, both onshore and offshore, have highly attractive potential.