Northern Petroleum JV to extend operations on Guyane maritime permit

4/17/2013

Northern Petroleum JV to extend operations on Guyane maritime permit

LONDON -- Oil and gas company Northern Petroleum Wednesday announced the joint venture decision to extend current drilling operations on the Guyane Maritime permit in French Guiana.

GM-ES-3 exploration well is the second well of a four well exploration drilling campaign that commenced in 2012 to follow up the oil discovery at GM-ES-1 in 2011. GM-ES-3 well intersects a 50m gross section of oil stained sands in the lower part of the Bradypus fan.

325m gross interval of sandstones was encountered in the targeted Priodontes fan, but these were logged with no significant hydrocarbon shows.

Dow Jones Newswires

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