Shona is an international oil and natural gas exploration, development and production company focusing on South America, specifically Colombia and Peru. The Company’s assets currently include interests in the Company-operated Esperanza block located in Colombia’s Lower Magdalena Basin, the non-operated Serrania, Los Picachos and Macaya Blocks in Colombia’s Caguan Basin, and the non-operated Block 102 in Peru’s Maranon Basin.
Shona is building a balanced oil and gas portfolio which currently includes a producing gas asset that is generating stable cash flow and exploration assets that have significant potential upside.
Shona has exploration targets with significant upside, underpinned by existing gas production contracts.