CRNZF - The Guyana-Suriname Basin: An Emerging Petroleum Province
Once in a while, a new petroleum province appears in a previously under-explored frontier or blind spot, broadening the horizon of the explorers and security analysts alike, lending fresh hopes to both oilmen and the local economy, and offering new opportunities to the E&P industry as well as investors. Onshore, the shale play in the Permian Basin is one of such revolutionary new discoveries - perhaps a case of rejuvenation, to be exact. Offshore, such new frontiers were West Africa in the 2000s, East Africa in early 2010s, and Guyana in late 2010s.
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