Graña y Montero subscribes Contract with PeruPetro for Blocks III and IV
02 April 2015 - 11:47AM
Business Wire
Graña y Montero S.A.A. (NYSE: GRAM) (BVL: GRAMONC1) (“the
Company” or “Graña y Montero”) a leading Engineering and
Construction company, announced that its subsidiary GMP S.A. has
subscribed with PERUPETRO S.A. the public deed which contains the
License Contract for Exploitation of Hydrocarbons in Blocks III and
IV, located in the Talara basin, in the region of Piura for a
period of 30 years.
As planned, the start of operations of Blocks III and IV will
begin on April 5, 2015.
About Graña y Montero S.A.A.
Founded in 1933, Graña y Montero is the only Peruvian
engineering and construction company listed on the Lima Stock
Exchange since 1997 and now also the NYSE. The Company has
participated in the development of major engineering and
construction projects in Peru, including large-scale, complex
projects in the energy, mining, construction and real estate
sectors.
With 81 years of operations, the Company has leveraged its
engineering and construction expertise into complementary lines of
business, such as the development, ownership, operation and
maintenance of infrastructure assets, real estate developments, and
the provision of technical services. The Company has significant
investments in infrastructure concessions, such as three toll roads
and Line 1 of the Lima Metro.
The Company has also executed several projects outside Perú, and
has acquired three companies in Chile: DSD Construcciones y
Montajes, an engineering and construction company specialized in
providing services to the energy, oil and gas, cellulose and mining
sector in Chile and Latin America; Vial y Vives, a construction
company specialized in the mining sector, and CAM, which is
specialized in electric services, with operations in Chile, Peru
and Colombia.
Graña y Montero S.A.A.Claudia Drago, 511-213-6578Chief Legal and
Corporate Affairs Officercdrago@gym.com.peorDennis Gray F.,
511-213-6583Investor Relations
Officerdgray@gym.com.perelacion.inversionistas@gym.com.pe
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