The
licence
areas,
Matorras
and
Ocultar,
cover
2203
square
kilometres
and
surround
the
company’s
existing
633-square
kilometre
Puesto
Guardian
concession.
President
chairman
Peter
Levine
said
in
a
statement
that
the
award
of
the
new
blocks
“marks
an
eight-fold
increase
in
the
company’s
net
acreage
position
in
Salta
Province
and
protects
the
company’s
potential
major
deep
gas
exploration
play,
which
has
the
possibility
of
significant
value
generation
should
the
first
Palaeozoic
well
on
Puesto
Guardian,
currently
scheduled
for
2013,
be
successful”.
President
added
that
its
bid
for
the
nearby
Pizzaro
licence
area
was
unsuccessful…
