Argentina

Cuyo Basin

Net Acreage: 101 Thousand Acres

Phoenix has a 100% operated working interest in two concessions in the Cuyo basin and a 28.08% non-operated working interest in two other concessions. The operated concessions are Tupungato and Atamisqui, while the non-operated concessions are Chañares Herrados and Puesto Pozo Cercado.