| Offshore | Corentyne Licence | Work Program | ||||||||||||||||||||||
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In 1999, we completed a state-of-the-art 2-D seismic survey and integrated our interpretation with vintage seismic and wellbore data for <US$2 million. In June 2000, we drilled Horseshoe #1, a dry hole, at a cost of US$10 million after being forced off our primary location, Eagle. Our onshore geochemical survey was completed in early 2004, having been expanded from a pilot to a survey of the entire onshore Licence. We acquired 3,200 km of vintage data on the Annex area and have reprocessed about 250 km to date, identifying two anomalous prospect leads. |
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