Report summaryBlock 58 is located in the Ucayali basin, adjacent to Block 88, Block 57, and Block 56. The block has been undergoing an exploration phase led by Petrobras Energía Peru, which enetered into a licence agreement for exploration and production work on Block 58 in 2005 and made a series of gas discoveries from 2009 to 2012. In 2013, Petrobras Energía Peru sold its Peruvian assets to China National Petroleum Company (CNPC), including Block X, Block 57 and Block 58, for US$2.6 ...
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