Uitkijk Exploration Drilling Begins, Results in December



Exploration drilling of the Uitkijk onshore block in Suriname has begun, an E&P division official from state oil company Staatsolie told BNamericas.

The plan is to drill 10 exploration wells with an evaluation expected for December, the official said.

Staatsolie in February signed a production sharing contract for the Uitkijk and Coronie onshore block with its subsidiary Paradise Oil in a joint venture with Hardman, a subsidiary of Tullow Oil.

In the lead-up to exploration drilling for Coronie, preparation including environmental and right-of-way permitting will start in December, the official said.

Staatsolie's crude production at end-2006 totalled 4.8Mb from oilfields Tambaredjo and Calcutta. Average daily output last year was 13,160 barrels compared to 11,990 barrels per day in 2005.

The state company next year plans to launch a new E&P round for nearshore blocks.

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