According to the Maritime Administration Department, Repsol Exploration Guyana S.A will commence geotechnical and geophysical activities in the Kanuku block today.

The R/V Horizon Geobay will be engaged in the surveying activities which will conclude on December 31, 2021, and would display the international signal for vessels engaged in such activities.

The survey area is situated approximately 61 nautical miles from the coast of Guyana and covers an area of 1229 square nautical miles.

Repsol Exploración Guyana, S.A. is the operator of the Kanuku block with a 37.5% stake. Tullow Guyana B.V. also holds a 37.5% stake with Total E&P Guyana B.V. holding the remaining 25%.

Last year, Tullow had announced that the Carapa-1 exploration well, drilled on the Kanuku license offshore Guyana, had encountered approximately four meters of net oil pay based on preliminary interpretation, and extended the prolific Cretaceous oil play into the Group’s Guyana acreage.

Preliminary results of drilling, wireline logging, pressure testing, and sampling of reservoir fluid indicated the discovery of oil in Upper Cretaceous age sandstone reservoirs. The discovery was subsequently abandoned as the oil was not in commercial quantities.

The Valaris EXL II jack-up rig had drilled the Carapa-1 well to a Total Depth of 3,290 meters in 68 meters of water.

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