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U.S hedge fund plugs US$30 million into junior firm with stake...

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(Reuters) - Activist hedge fund Elliott Management Corp has invested at least $30 million in Cataleya Energy, a small firm focused on oil exploration...

It will take several wells to define Kaieteur Block opportunity –...

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Speaking just days before the results from the Tanager-1 prospect was announced, John Hess, CEO of Hess Corporation, a 15% stakeholder in the Kaieteur...

Significant data gathered from Tanager well, no clarity yet on quality...

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Large amounts of geological and geophysical data were gathered during the drilling of the Tanager-1 well at the Kaieteur Block offshore Guyana and these...

Tanager results a reminder that exploration is a risky, expensive business...

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The results from the Tanager-1 exploration well at the Kaieteur Block offshore Guyana announced on Tuesday brings back into focus the risky nature of...

Tanager-1 is non-commercial, well to be plugged and abandoned

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The Tanager-1 exploration prospect - the deepest well ever drilled in the Guyana-Suriname Basin to date – is being considered as non-commercial as a...

Award of Kaieteur, Canje blocks free from corruption- Vice President

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Guyana’s Vice President, Dr. Bharrat Jagdeo, said on Friday the award of the Kaieteur and Canje blocks offshore the South American country was in...

Oil search to continue at Hassa-1, stem test planned for Redtail

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Activities offshore Guyana are set to ramp up in the coming months as the search for more oil continues and targets that have already...

Guyana’s 8 billion plus barrels of oil only tip of the...

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The more than 8 billion barrels of oil equivalent resources discovered offshore Guyana since 2015 by US oil major ExxonMobil is merely...

ExxonMobil Geologists anxious over results of deepest Guyana well ever drilled...

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US oil major ExxonMobil is paying keen attention to the drill campaign currently underway at Tanager-1 – the deepest well the company...

Tanager-1 well voted most likely to hit a commercial discovery

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The Tanager-1 well in the Kaieteur Block offshore Guyana has been voted as the prospect that will most likely lead to a...