Gulf United Energy owns 5% WI in block XXIV and 40% WI in block Z-46 in Peru. I have confirmed with PetroToro that they are going to start drilling four wells in block XXIV this fall 2013. I have also confirmed with SK Innovation that they are processing 3D seismic charts for block Z-46 and they will begin drilling 20 exploration wells in 2015. SK Innovation is the Exxon and BP of Korea. They have invested $486 million in block Z-46 so far. They also have two other producing blocks in Peru.