Project Profile
Location: Guyana Basin
Water depth: 1,300-3,000 meters
Area: 2,369 sq km
Licence award: September 2010
Block 47 lies in a frontier area in the Guyana Basin. The licence is located some 270 km north of mainland Suriname, with a water depth of between 1,300 and 3,000 meters.
A recent discovery offshore nearby French Guyana is a promising indication of the potential in the region. There is the potential to extend the Jubilee play from West Africa across the Atlantic to Suriname.
Operators:
Tullow Oil: Operator with 80% interest
(farm-down to Ratio Exploration subject to Government approval)
Ratio Exploration: 20% interest