Petrobras Energia Peru’s joint stock belongs to Valores Internacional de Espana, which is a subsidiary of Petrobras Energia (PESA), headquartered in Argentina. With the authorization, control over Petrobras Energia Peru is shared by PESA (59.79%) and Petrobras International Braspetro (PIBBV) with a 40% share.

Petrobras Energia Peru’s main asset is the exploration of Lot X in the Talara basin in northwestern Peru, where it holds a 100% share, and the production of 15,000 barrels of oil equivalent per day. It also participates in five exploration lots that are still in their initial prospecting phase.

The resources obtained by Petrobras Energia will allow the execution of part of its strategic plan, which foresees boosting its investments in Argentina.