Pan American Energy LLC

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Description

NEW, Pan American Energy LLC has retained Tristone Capital Inc. to sell its 62.5% operated interest in the Lindero Atravesado Block in the Neuquén Basin in Argentina. The block is 40 kilometers northwest of Neuquen. The properties involve two fields developed by 126 wells. Net proved plus probable reserves are 93.9 billion cubic feet equivalent plus unrisked resources of 43.2 billion equivalent. Average net daily production was 25.8 million cubic feet equivalent per day in 2007. The bid due date is Aug. 11. Contact George Gosbee, 403-294-9541