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Tag Archives: Orinduik Block

British oil company finds more oil offshore Guyana

The London-listed Irish explorer Tullow Oil said on Monday that it has made a second oil discovery off the coast of Guyana, after the Joe-1 exploration well successfully opened a new upper tertiary oil play in the Guyana basin. The move follows a “substantial and high value oil discovery” by Tullow Oil in its Jethro-1 exploration well, in the same area of ...

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Tullow Oil makes 1st discovery offshore Guyana

Director of the Department of Energy, Dr. Mark Bynoe, Monday morning, announced that the UK-based Tullow Oil Plc wholly owned subsidiary Tullow Guyana B.V. discovered oil in commercial quantities. The oil was found in the Jethro-1 exploration well, drilled in the Orinduik Block offshore Guyana. The Jethro-1 well was drilled by the Stena Forth drillship to a total depth of ...

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Eco (Atlantic) Oil & Gas raises US$17m in anticipation of expanded drilling offshore Guyana

Reproduced from ProActive Investors Eco (Atlantic) Oil & Gas Ltd has raised US$17 milion of new funds to cover its participation in a possible expansion to the exploration drilling campaign offshore Guyana. It is selling 16.1 million shares to new and existing investors at a price of 80 pence per share, only a small discount to Wednesday’s closing price of ...

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Stena drillship to spud Jethro-Lobe offshore Guyana

Reproduced from Upstream by Josh Lewis Tullow Oil has contracted a drillship to spud an exploration well on the Jethro-Lobe prospect on the Orinduik Block, off Guyana. Block partner Eco (Atlantic) Oil & Gas confirmed Wednesday the joint venture had secured the drillship Stena Forth for the upcoming exploration well. Eco confirmed the contract secured the drillship for transport at ...

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