Tullow Oil of the United Kingdom last week said that it is focused on prospect maturation in the Guyana/Suriname basin and is working with partners to develop plans to unlock value from the Kanuku Licence here.
“In exploration, the team’s very focused on maturing prospects across the portfolio, but there is particular emphasis on Guyana,” Chief Executive Officer of Tullow Oil Rahul Dhir stated during his presentation of the company’s 2020 full year result. He added that they are making good progress in this regard.
The company released a statement saying that its exploration team will fully evaluate the prospective net risked resources of 900 million barrels of oil equivalent in emerging basins in Argentina, Guyana, Namibia, Côte d’Ivoire, and Suriname.
