Maple Energy plc is an independent energy company with assets and operations in Peru. It is engaged in exploration and production of crude oil, natural gas and natural gas liquids; refining, marketing and distribution of hydrocarbon products; gas-fired power generation and power transmission, and the development of an ethanol project. The Company's principal exploration acreage lies in Block 31-E, in which it holds a 100% working interest. This block is located in the East Central jungle area of Peru. Three oil exploration prospects are targeted in Block 31-E, including the Santa Rosa, Cashiboya Deep and San Roque prospects. It operates the Maquia (Block 31-B), Aqua Caliente (Block 31-D) and Pacaya (Block 31-E) oil fields in the Ucayali Basin, and holds a 100% working interest in each of these fields. As of December 31, 2007, Maquia field produced 357 barrels per day (bpd) of oil from 31 active producing wells, and Aqua Caliente produced 104 bpd of oil from 15 active producing wells.
