#Teikoku completes #deepwater exploration in #Suriname

Staatsolie has reported that Teikoku Oil (Suriname) Co, a subsidiary of the Japanese Inpex Corporation, has finished the  exploration drilling in Block 31 in the offshore area of Suriname on 4 December 2011.

TOS believes the purpose of the well was accomplished and the evaluation is ongoing based on the encouraging and valiant results. TOS will carry out a comprehensive analysis of the geological findings in 2012. Results from this analysis will dictate the future exploration plan.

Drilling began on the exploration well Aitkanti-1 on 14 April 2011. The drilling took place to a depth of 5,483 meters, as planned, but took longer than expected due to technical challenges.

MCH Waaldijk, Managing Director of Staatsolie will be a keynote speaker at the World National Oil Companies Deepwater Congress this June 2012 in London.