Los Blancos Field
Operated by High Luck Group Limited (“High Luck”), the Group’s Argentina wholly owned subsidiary, the Los Blancos Concession (formerly known as the Chirete Concession) covers a surface area of approximately 897 km2 in the Province of Salta in Northern Argentina.
As of September, 2021 the Los Blancos Field is producing with the following key performance indicators (KPIs).
Average daily production: 800 boed (barrels of oil equivalent per day)
Oil Quality: Approximately API 37º, zero water content, free of sulphur and other contaminants
Oil continues to freely flow unaided under its own wellhead pressure
As of 31 December, 2020, the estimated hydrocarbon volumes at the Los Blancos Field are as follows:
|Daily Production (as of Jan, 2022)||
|Gross 1P Reserves (MMBOE)||