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Reply to "What will happen with the Oil Blocks on Private Property ??"

Mars posted:
Django posted:
Mars posted:
cain posted:

Sometime in late 60s to early 70s I remember hearing oil found on some property then never heard a word after. Does anyone remember this?

Home Oil, a Canadian company, found oil at Karanambo but it was determined that the oil was not available in commercial quantities.

Guyana has a history of petroleum exploration. Guyana's offshore Guyana Basin and the inland Takatu Basin have attracted companies such as ShellTotal and Mobil since the 1940s who have done much geological surveyance of the area and have drilled a number of wells.[1]

https://en.wikipedia.org/wiki/...xploration_in_Guyana


 

I can recall Takatu Basin was mentioned.

Karanambo is in the Takatu Basin. 

Thanks Mars,

here is an article on Karanambo

Django
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