The Block is comprised of about 1,350 acres and lies in the south western portion of Trinidad about 40 miles southwest of Port of Spain and about 18 miles southwest of San Fernando. The Block is located in the productive Southern Basin of Trinidad, which forms part of the prolific Eastern Venezuelan Basin.
The F.25 CH-7 Well on the Middle Cruse Prospect will be drilled by the Operator, Jasmin Oil and Gas Limited, to a depth of 6,000'. It is expected that drilling of this well commence before the end of May 2006 with completion within 3 weeks of spudding at a cost of approximately $650,000 CDN.
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