Minister of Natural Resources and the Environment Robert Persaud says Repsol’s exploratory drilling operation at the Jaguar –1 well will reach its target soon and only then would the company know whether or not the well is viable and whether recoveries can be made.
Persaud was reluctant to reveal more, directing this newspaper to speak to the company directly.
Drilling at the Jaguar – 1 well will go to a depth of 6,500 metres to test the