International Operations
OIL & GAS EXPLORATION
IN THE
DOMINICAN REPUBLIC
Las Palmas Petroleum, Maleno Oil and Murfin Dominicana Corporation Oil and Gas exploration operations onshore and offshore in the Dominican Republic:
Full and Complete support of the Dominican Government Plus a Five (5) year Tax free incentive to be granted by the Dominican government.
Former Mobil Oil Concession 
- Potentially 300-500 Million Barrels Onshore Reserve
- Potentially 300-500 Million Barrels Offshore Reserve
- Extensive Seismic/Geological Studies
- Over $10 million on geological/seismic
- Operated under Maleno Concession of 1 million acres
- Existing well flowing at over 600 BPD
- 18 existing wells in Azua area wells 500 ft deep
ONSHORE DEVELOPMENT
Azua: Initial Focus
- Re-drill 18 wells in Azua field
- Build Tank facility and produce existing 600 BPD well
- Build fuel tank terminal capable of increasing the fuel reserves of Dominican Republic from 5 days to 30 days.
- Drill 4 Horizontal Wells
- Drill 1 exploratory well to 7,000 feet
- 10,000 Barrels of Oil per day
President of Las Palmas Petroleum Carl Lovegren (Left) viewing 600 BPD well in Azua
AZUA
INFRASTRUCTURE PROJECT
- 15-MILE PIPELINE TO BAY
- TANK FARMS
- DOCK TO OFFLOAD OIL
- DOMINICAN REPUBLIC TANK TERMINAL FOR INCREASING ISLAND OIL RESERVE FROM 5 DAYS TO 30 DAYS
Tank Farms & Oil Dock Location
Hatillo, Azua
PHASE TWO
OFFSHORE DEVELOPMENT
- 300-500 Million Barrel Potential
- Exploration of 20,000 Productive Acres
- Includes:
- Ocoa Bay Anticline
- Punta Servano
REFINERY DEVELOPMENT
Build a 300,000 barrel a day refinery in Dominican Republic, including a Petro-chemical plant with the full support of the government.
