Anadarko advances to exploratory drilling in Peru's Block Z-62

Anadarko will proceed to the third phase of exploration in Peru's offshore Block Z-62 after completing seismic interpretation across blocks Z-61, Z-62, and Z-63 off La Libertad and Lambayeque. The Peruvian energy ministry is streamlining permitting to improve investment predictability. This signals continued upstream activity in Peru's under-explored offshore, though drilling outcomes remain uncertain.