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Suriname’s Block 58 could hold 6.5 billion barrels of oil –...

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US multinational investment bank and financial services company Morgan Stanley says its modelling of Suriname’s Block 58 shows that it contains a potential 6.5...

Apache’s Block 58 offers most promise for Suriname resource – Morgan...

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US multinational investment bank and financial services company Morgan Stanley says despite a wave of lease awards beginning in 2010, no commercial oil resource...

Apache extends Noble Sam Croft contract for Suriname campaign

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Apache Corporation, operator at Block 58 offshore Suriname, has extended its contract for the Noble Sam Croft drillship by executing an option for another...

Staatsolie taking ‘accelerated steps’ to prepare for offshore oil bounty

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Fresh off the historical twin oil discoveries at Block 58, Suriname state oil company Staatsolie says the oil strikes mark a change for both...

Suriname must begin discussion on coming oil money – Staatsolie CEO

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Mr Rudolph Elias, CEO of Suriname state oil company Staatsolie Maatschappij Suriname N.V., says with the second significant oil discovery at Block 58 offshore...

Block 58 explorers look to Sapakara for continued success offshore Suriname

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Apache and Total, 50-50 partners in Suriname’s Block 58, said their next well – Sapakara West-1 - will test the same-aged upper Cretaceous intervals...

ExxonMobil has opened up a new oil province in South America...

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Decades of failed attempts to find oil in the Guyana-Suriname basin saw companies bailing out and disappointment mounting, with many persons, ranging from laymen...

Apache eyeing large prospects offshore Suriname; mid-year drill campaign targeted

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Houston-based Apache Corporation is set to spud its first well offshore Suriname by mid-year in Block 58 which sits adjacent to sections of the...