Oil exploration company, Tullow, has discovered oil offshore French Guiana sparking heightened interest in activities in the basin, including in Guyana.
The company, in a press statement yesterday, said that its Zaedyus well offshore French Guiana has made an oil discovery having encountered 72 metres of net oil pay in two turbidite fans. Results of drilling, wireline logs and samples of reservoir fluids show that the well has encountered good quality reservoir sands on prognosis,