Drilling of an exploratory oil well in the Takutu Basin in Region Nine is progressing smoothly, Petroleum Division Manager at the Guyana Geology and Mines Commission (GGMC) Newell Dennison says.
Canada-based Groundstar Resources and its partners, Canacol Energy Limited and Sagres Energy Inc, are drilling an exploratory well-the Apoteri K-2–on their Karanambo prospect in the Takutu Basin. Groundstar holds a
