Guyana’s quest for oil is steaming ahead with officials yesterday saying that the country could know within a month whether the search is successful.
President Donald Ramotar and a team of government officials along with representatives from the Spanish-owned REPSOL, flew to the ‘Jaguar 1’ well, located about 100 miles off the city’s coast.
While a statement from REPSOL did not immediately speak of the progress of the Atwood Beacon jack-up rig, Natural Resources Minister, Robert Persaud, disclosed that results of the drilling in the Corentyne basin controlled by CGX Energy which has hired the Ocean Saratoga rig, could be known in as little as a month.
[url=http://www.kaieteurnewsonline.com/2012/03/31/corentyne-oil-drilling-results-could-be-known-within-a-month/]oil dreams
President Donald Ramotar and a team of government officials along with representatives from the Spanish-owned REPSOL, flew to the ‘Jaguar 1’ well, located about 100 miles off the city’s coast.
While a statement from REPSOL did not immediately speak of the progress of the Atwood Beacon jack-up rig, Natural Resources Minister, Robert Persaud, disclosed that results of the drilling in the Corentyne basin controlled by CGX Energy which has hired the Ocean Saratoga rig, could be known in as little as a month.
[url=http://www.kaieteurnewsonline.com/2012/03/31/corentyne-oil-drilling-results-could-be-known-within-a-month/]oil dreams
![[Image: repsol41.jpg]](http://www.kaieteurnewsonline.com/images/2012/03/repsol41.jpg)