Drilling for oil in Guyana for the first time in a decade commenced last Friday at the Takutu Basin in Region Nine.
The Apoteri K-2 exploration well is the first of two wells that Groundstar Re-sources Limited and its partners Canacol Energy and Sagres Energy plan to drill on their Takutu Block. “Groundstar Resources Limited is pleased to announce the planned spud of the Apoteri K-2 exploration well on the Takutu Block in Guyana prior to December 31, 2010 on the Karanambo prospect in the Takutu Basin,” the company said