Remember Guyane (French Guiana) South America.That was Hardman's...

Remember Guyane (French Guiana) South America.
That was Hardman's big play in this area.
Tullow have bought in Shell, Total and others.

It's happening - read on ...

Well Commences Targeting Potential New South American Oil Province

Wessex Exploration PLC ("Wessex") announces that operations have commenced on drilling the Zaedyus prospect, with well GM-ES-1 in the Guyane Maritime Permit.

Tullow Oil ("Tullow"), the Operator, believes the well has the potential to open up a major new oil province in French Guiana with a significant number of further prospects and leads identified. Tullow has stated that the Zaedyus prospect has an estimated P10 prospective resource of 700 million barrels and is geologically analogous to its Jubilee field, located of the coast of Ghana.

Tullow (27.5%) is the Operator of the Guyane Maritime Permit in which Wessex holds a net 1.25% beneficial interest via Northpet Investments. The other Joint Venture partners are Shell E&P France SAS ("Shell") (45%) , Total E&P Guyane Franciase SAS ("Total")(25%) and Northern Petroleum Plc via Northpet Investments (net 1.25% beneficial).

The GM-ES-1 well is located offshore Guyane (French Guiana) approximately 50 kilometres from the boundary with Brazil. The ENSCO 8503 rig will drill the well, GM-ES-1 to a total depth of approximately 6,500 metres subsea, with the well targeting one of several prospects in major undrilled Late Cretaceous deep water channel fan systems identified from the extensive 3-D seismic survey acquired during 2009/2010.