NABI Oil and Gas Inc. a new entrant to the petroleum exploration industry, has commenced onshore activities in Mahaica/ Mahaicony and is hopeful that given the evidence unearthed so far that it will be able to find commercial quantities of hydrocarbons.
This was disclosed during a media tour of the site for the ongoing exploration along the De Hoop Branch Road, one of three such onshore petroleum exploration campaigns. So far, NABI Oil and Gas Inc., a subsidiary of the NABI Construction company, has spent some $70 million in the current efforts.
Speaking to members of the media, President of Hydrocarbon Imaging Services Inc. Bob Clark said, “Basically we are
