Company seeks interested parties

Pan Andean Resources, the Dublin-headquartered oil and gas exploration company, is attempting to find interested parties to buy into its 1.8m acre oil and gas block in Peru’s Amazon jungle.

The company is understood to be in discussions with a number of multinational parties interested in a farm-out agreement.

However, without a backer to give added financial weight to the project, Pan Andean could raise money via the stock exchange.