The development stages:Exploration drilling/2008-08.In 2007, BG Group signed a farm-in agreement for Block 5(c), 94km off the east coast of Trinidad. The group took a 30% working interest in the production sharing contract and assumed operatorship in 2009. In 2009, BG Group exercised its pre-emption rights under a joint operating agreement to increase its stake in the block to 75%, which became effective later that year. In March 2014, it purchased the remaining 25% of the block. Each of the three wells drilled on Block 5(c) since 2007 have encountered hydrocarbons and has been successfully tested. The first well, Victory-1, was drilled 10km north-east of the Dolphin platform. The second well, Bounty-1, targeted a separate prospect, approximately 4km away from the Victory-1 well. Drilling and testing of the third exploration well, Endeavour-1, was completed in 2009. Declaration of commerciality was made in 2011.