The search for oil by Nabi Oil and Gas Inc, a new entrant to the petroleum exploration industry, at Mahaica/Mahaicony appears to have come to a standstill.
“The project [is] no longer in operation,” an official at the company said when Stabroek News contacted the firm’s office on Thursday. Anthony Syms, the Managing Director of the company has returned to Trinidad, the employee said. The call was abruptly terminated when another official enquired who was making the queries.
Last November, the company announced that it had commenced onshore activities in Mahaica/ Mahaicony and hoped given the evidence unearthed that it would be able to find commercial quantities of hydrocarbons. During a media tour of the site for the ongoing exploration
