Pluspetrol Lote 56 S.A. and Pluspetrol Camisea S.A. agreed to acquire 17.6% stake in Camisea Blocks 88 and 56 from SK Innovation Co., Ltd. (KOSE:A096770) for $1.1 billion on September 27, 2019. The transaction is subject to approval from relevant authorities. Justin T. Stolte, James Robertson, Ashley Nguyen, Jordan Silverman and Monika Kluziak of Gibson, Dunn & Crutcher LLP and Thomas Thorndike, Diego Harman, Giancarlo Vignolo, Ian Forsyth and María Paz Delgado of Garrigues acted as legal advisors for SK Innovation Co., Ltd. in the transaction.

Pluspetrol Lote 56 S.A. and Pluspetrol Camisea S.A. cancelled the acquisition of a 17.6% stake in Camisea Blocks 88 and 56 from SK Innovation Co., Ltd. (KOSE:A096770) on January 4, 2022. Peruvian government has disapproved the deal.