Perenco to invest $35 million in Guatemala’s Xan oil field, but permits awaited
Thursday, May 26, 2011
![](https://www.centralamericalink.com/storage/images/2017/02/07/201105260923240.nuepere.jpg)
Anglo French oil company Perenco plans to drill two wells in Guatemala but environmental permits are still pending.
In all, perenco plans to invest $35 million in its Xan field in Petén province.
The investment is to include $12 million for the two wells, but the investment is on hold because the Environment ministry has yet to release the necessary permits.
Original source (in Spanish): El Periódico