The exploration and production of hydrocarbons in the Caribbean has been somewhat overlooked in recent times despite its close proximity to major oil producing areas.
Azinor Catalyst has signed a rig contract with Diamond Ocean Drilling for the Ocean Guardian semi-sub. The first well will be on the Partridge Prospect, a Lower Cretaceous stratigraphic trap with mid case prospective resources of 119 mmboe.
Given recent exploration success on the Newfoundland Labrador conjugate margin, Ireland’s Atlantic margin, particularly the Porcupine Basin, has the potential to be an exciting new frontier for exploration.
