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home / news releases / CRAK - The Shallow Waters Of Guyana And Suriname: A Promising New Exploratory Front


CRAK - The Shallow Waters Of Guyana And Suriname: A Promising New Exploratory Front

  • Post-drilling laboratory analysis of the nature of the hydrocarbons determined that the well had encountered light oils.
  • The Kawa 1 discovery has also emboldened exploration in surrounding blocks and shifted operators' efforts towards hydrocarbon potential in the shallow water acreage of Guyana.
  • As successful exploration within the deeper waters continues to elude operators in Guyana and Suriname, the shallow water regions show promise as a second front in the overall exploration of these two countries.

For further details see:

The Shallow Waters Of Guyana And Suriname: A Promising New Exploratory Front
Stock Information

Company Name: VanEck Vectors Oil Refiners
Stock Symbol: CRAK
Market: NYSE

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