Stena Forth heading to Guyana
This will be followed by a well on the Joe prospect, a few miles distant.
Eco (Atlantic) COO Colin Kinley said: “We understand this play well and we are confident in our interpretation as supported by a relatively high chance of success, estimated at over 40% for both the Jethro and Joe prospect…
“We know that there are hydrocarbons on the block, and good quality sands like those on [the ExxonMobil-operated] Stabroek, therefore the main risks are the quality of the seal and the presence of a trap…
“The two wells will test both the Upper and Lower Tertiary aged turbidites, while Jethro will also be drilled down to the Cretaceous section.”