Northern Petroleum Plc is pleased to announce that GM-ES-3 the second well of the current four-well programme in the Guyane Maritime Permit (French Guiana), was spudded by Shell as Operator on 29th December 2012.
This well has been located to test the Priodontes Prospect and provide further geological data critical to gaining a better understanding of the potential of this area as a new offshore oil province.
Northern through holding 50 per cent of Northpet Investments Limited, owns a net 1.25 per cent interest in the offshore exploration licence ‘Guyane Maritime’. Northern is in partnership with Shell (Operator, 45%), Total (25%), Tullow Oil (27.5%), and Wessex Exploration (also a 1.25 per cent holder through owning the remaining 50 per cent interest in Northpet Investments Limited).
Source: Northern Petroleum Plc
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