Martyn J. Fear

Martyn J. Fear

business executive Canada

Martyn J. Fear is the CEO of Altamesa Energy, a Canadian oil company that recently faced financial difficulties, leading to the abandonment of its operations in Peru's Lot 192. Under his leadership, the company struggled to secure necessary funding for its projects, ultimately resulting in significant debts to suppliers and employees. In early 2025, Fear acknowledged the dire state of the company's finances and sought external investment to address the operational challenges, but these efforts were unsuccessful, prompting legal actions against Altamesa by its creditors.

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Peru Peru: Martyn J. Fear, the CEO of Altamesa, acknowledged the company's financial struggles in a letter to Perú-Petro. 5

El Comercio: Petro-Perú | Empresas proveedoras del lote 192 inician arbitraje contra Petro-Perú por más de S/50 millones | ECONOMIA