Project Profile
Value: Undisclosed
Location: Offshore, shallow water, Jamaica
Area: 8,864 square kilometres
Water Depth: 20 metres
Gross mean prospective resource estimate: 3 billion barrels
Sagres has multiple drill ready, high impact PSC\'s in Jamaica. These PSC\'s are held 100% by Sagres. They cover an area in excess of 8800 square km, and have a Pmean Gross unrisked Prospective Resource of approximately 3 Billion barrels. Sagres is currently seeking joint venture partners for a planned drill campaign in 2011.
In 2009, Sagres in conjunction with CGG – Veritas acquire shallow and deep water multi-client surveys.
Operator:
Sagres: Operator with 100% interest
Contractors:
CGG Veritas: Seismic survey