Peru: Westlawn acquires interest in the Z-61, Z-62, and Z-63 blocks offshore Peru in farmout deal with Chevron

Westlawn Americas Offshore (WAO), a portfolio company of the Westlawn Group, has announced the completion of a transaction in which it has acquired a 30% non-operated working interest in the Z-61, Z-62, and Z-63 blocks offshore Peru. The working interest was acquired pursuant to the Farmout Agreement signed previously between WAO’s affiliate Westlawn Peru and Anadarko Peru, a subsidiary of Occidental Petroleum Corporation. Oxy will remain the operator of the three blocks, holding a 35% working interest. Chevron Peru Exploration Limited Sucursal Peruana, a subsidiary of Chevron Corporation, acquired the remaining 35% working interest in the blocks. 'We are both pleased and excited to be partnering with Oxy and Chevron in this frontier exploration play offshore Peru.