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Frontera Energy Halts Block 192 Production After Pipeline Disruption in Peru

Posted On December 4, 2018
By : Jared Wade
Comment: Off
Tag: canada, Crude, Frontera Energy, Morono, Natural Resources, oil, peru, petroperu, pipeline

Canadian oil company Frontera Energy Corporation (TSX: FEC) has worked to halt production at its Block 192 operations in Peru following an attack on a key pipeline in Peru.

The company said in a statement that it was notified on November 30 of the “force majeure event” that affected part of the NorPeruano pipeline “following a community dispute.”

The attack hit kilometer 93 of the pipeline, which is operated by Petroperú, in the Morono district, per Frontera Energy.

“The pipeline has been shut down by Petroperú as a result of damage caused by the attack,” said the firm. “As a result, Frontera has started to shut down production from Block 192, located over 200 kilometers from the site of the incident, while the authorities work to resolve the dispute and provide Petroperú access to the pipeline for repairs.”

Frontera Energy has produced an average of roughly 8,950 barrels of oil per day from Block 192 of late and hopes that the disruption will be short lived.

“It is expected that once access is granted, repairs will be completed in a short time,” stated Frontera Energy.

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About the Author
Jared Wade is editor in chief of Finance Colombia. He is a Bogotá-based journalist with 15 years of experience covering topics including business, financial services, Latin America, and sports. Email him at jared.wade(at) financecolombia.com or follow him on Twitter at @Jared_Wade.
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