U.S. Hunt Oil To Issue Bonds In Peru

Hunt Oil of the U.S. has filed with Peru’s securities commission to issue $150 million of bonds in the local market. Hunt has plans for a $2 billion project to export natural gas from Peru to Mexico and is due to start construction of infrastructure at the end of this year. The company also recently signed an oil exploration and production contract with the Peruvian government to operate in the south of the country.