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Suriname: Staatsolie considering farm-in to Total, Apache block after discovery

05 Aug 2020

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Suriname’s state-owned oil company Staatsolie is considering farming in to an offshore oil block where Apache Corp and Total have announced a third major discovery, an executive said on Sunday, according to a Reuters report, which said that Staatsolie has the right to a stake of up to 20% in the 1.4 million acre Block 58, where Apache and Total last week announced the find at the Kwaskwasi-1 well.

Click here for Apache Corp announcement regarding the Kwaskwasi-1 well: Apache announces major oil discovery in Block 58 offshore Suriname at Kwaskwasi-1

Click here for full Reuters article

Source: Reuters

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