Staatsolie to start drilling this month

SURINAME – Staatsolie (State Oil Company) will reportedly commence with its exploration drilling in Bloc 4, a section off the coast of Saramacca and Wanica, this month. The operation will be coordinated by Paradise Oil Company, a subsidiary of  Staatsolie.  The drilling rig that will be used arrived at the first location on Saturday. The first location is 10 kilometers off the coast. The trip from Trinidad & Tobago lasted 6 days. Staatsolie announced that it would drill nine wells.  Well Services Petroleum Company Limited from  Trinidad which inked a contract in July 2014 will carry out the drilling operations…[+]