Tag Archives: GUYANA: Significant year ahead for local oil exploration activities

GUYANA: Significant year ahead for local oil exploration activities – Westmount Energy

The Stena DrillMAX, one of the six drill ships offshore Guyana
The Stena DrillMAX, one of the six drill ships offshore Guyana

– Westmount Energy predicts
– says Guyana one of the few areas for ‘blue-chip’ interest in high-impact exploration

THE year 2021 is shaping up to be significant for exploration and appraisal operations in the Guyana-Suriname basin, with more than 12 exploration and appraisal wells scheduled for Guyana alone, Westmount Energy has said.

Westmount Energy, a holding company for a group of subsidiaries, which operate in the oil and gas-related industries, owns an indirect interest in the Canje block via a 7.7 per cent shareholding in JHI Associates, which in turn, owns a 17.5 per cent stake in the exploration project.      Continue reading

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