#United States #Houston #Occidental Petroleum #Westlawn Group #Chevron Corporation

Westlawn Americas Offshore's Exciting Expansion into Peru

Westlawn Americas Offshore LLC (WAO), a key player in the oil and gas sector under the Westlawn Group, has recently made headlines with its latest strategic entry into the Peruvian energy market. On September 17, 2025, WAO completed a notable transaction, acquiring a 30% non-operated working interest in three prime offshore blocks: Z-61, Z-62, and Z-63. This acquisition marks a significant milestone for WAO, paving the way for its efforts in the exploration and development of high-potential hydrocarbon resources.

The acquisition stems from a previously established Farmout Agreement between WAO’s subsidiary, Westlawn Peru S.A.C., and Anadarko Peru Limited, which is a subsidiary of the renowned Occidental Petroleum Corporation (Oxy). As the operator of these blocks, Oxy retains a 35% working interest, along with Chevron Peru Exploration Limited, which also holds a 35% working interest in the venture. This partnership brings together some of the most influential names in the oil industry, aiming to tap into the promising potential of the Peruvian offshore sector.

WAO's executives, Greg Hebertson and George Easterly, expressed their enthusiasm regarding the partnership, stating, "We are both pleased and excited to be partnering with Oxy and Chevron in this frontier exploration play offshore Peru. We believe the region has the potential to deliver material hydrocarbon resources across our jointly held blocks." Their comments highlight the optimism surrounding this new venture and the anticipated benefits it will bring to all parties involved.

With a focus on collaboration, Ryan Evans, Managing Director at Westlawn, emphasized the importance of WAO's expansion. He noted that entering the Peruvian market is a promising step forward, linking WAO to a frontier play that is set to benefit from the technical prowess of established operators like Oxy and Chevron. This strategic move not only boosts WAO's portfolio but reinforces its commitment to growth in global oil exploration and production ventures.

Legal advice on this significant transaction was provided by Norton Rose Fulbright LLP and Rodrigo, Elías Medrano Abogados, ensuring that all regulatory requirements were carefully adhered to throughout the process.

Overview of Westlawn Americas Offshore

Founded with a mission to acquire and develop key assets in high-quality deepwater oil and gas sectors, WAO has been on a trajectory of growth since its inception. Headquartered in Houston, Texas, the company has set its sights on key opportunities throughout the Americas, particularly in the U.S. Gulf of Mexico, Latin America, and the Caribbean. Since 2023, WAO has successfully completed several transactions aimed at enhancing its growth-oriented deepwater assets, currently achieving a net production rate approaching 20,000 barrels of oil equivalent per day. The company's management consists of experienced leaders and a highly skilled technical team focused on creating significant value in their operations.

Westlawn Group Overview

Westlawn Group, established in 2021 and also based in Houston, is a private investment firm devoted to long-term capital investment across the global oil and gas sector. Its focus encompasses both operated and non-operated upstream assets, ranging from production to exploration initiatives, alongside investments in innovative technologies aimed at optimizing production efficiency. The firm targets a wide array of opportunities spanning the United States, Canada, Latin America, the Caribbean, and the Middle East.

The acquisition of the Z-61, Z-62, and Z-63 blocks heralds a new chapter for Westlawn Americas Offshore as it fortifies its presence in the international oil market, promising not just growth for the company but also advancing the energy prospects for the region.

For further details on this acquisition and more on their strategic initiatives, visit Westlawn Americas Offshore and Westlawn Group.