Trinidad
Icacos Deep Prospect (50% LGO)

• Significant oil and gas discoveries in halo vicinity of Icacos

• High API oil identified indicating deep oil system

• Seismic and area re-interpretation planned

• Significant activity by others to prove deep reservoirs
 


Technical Details
Icacos Oilfield (50% LGO)

• 8 sq.kms onshore oilfield in SW Peninsula, 15km from Venezuela coastline
   and in middle of prolific East Venezuelan oil basin

• Mature shallow oil production of 35bpd, producing since 1966 with 28 API oil

• Production enhancement program underway to lift production to ~150 bpd

• Full data re-interpretation underway to identify step change production
   potential and identify “sweet spot” production zones

 


Technical Details
Asset Location & Basin Structures & Development Potential

See Technical Details to the right