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Project:

Argentina gas project

AWE Equity:

15%

Location:

Las Bases Exploitation Concession, onshore Neuquen Basin, Argentina

Joint Venture:

Chevron	60.0%
Apache	20.0%

Initial Discovery:

Estancia el Colorado-1 discovery was drilled in 1999

Development Schedule:

Project Approval	2000
First Gas Produced	2002

Current Production:

The project is now providing only minor gas and liquids production to the joint venture.