Clontarf in talks to sell Peru operations

Dublin-headquartered oil and gas exploration company Clontarf Energy is in “advanced discussions” with six companies interested in buying into its Peru operations.

The John Teeling-chaired company, which has its shares listed on London’s AIM, owns 100% of two licensing blocks in Peru, which is now the company’s chief geographical focus over Bolivia and Ghana.

The two blocks cover a combined area of nearly one million hectares and are partly situated near Peru’s existing Camisea gas field.