Enap Sipetrol acquires offshore block at the Austral basin, Santa Cruz province

Enap Sipetrol has been operating in the Austral Basin for 26 years and recently was awarded the on shore El Turbio Este block, to the east of Santa Cruz province.
Chile’s Enap Sipetrol has acquired an offshore block, Octans Pegaso, on the Argentine continental shelf off the coast of Patagonia province of Santa Cruz. The block covers 886 square kilometers and is 20kms off Santa Cruz coast at its closest point to land. It was purchased from the consortium made up of Total Austral (35%), Wintershall (35%) and ENI (30%).