Columbus, the oil and gas producer and explorer focused on onshore Trinidad with the ambition to grow in South America, is pleased to confirm that an updated Company Presentation has been made available on its website.
The updated presentation provides details on the Company in general, including on the Saffron Prospect and the South West Peninsula, and now includes details of the Weg Naar Zee Block onshore Suriname which was announced by the Company on 4 October 2019. The presentation also shows the various catalysts for growth which the Company will be progressing over the next 15 months and beyond and can be accessed from the following link
Leo Koot, Executive Chairman of Columbus, commented:
“The Company is pleased to provide further details on the portfolio of opportunities available to Columbus in the next 12 – 18 months. We remain excited by the many catalysts for growth, in particular the Saffron well in the South West Peninsula, the CO2 project we are progressing with Predator Oil & Gas and our new country entry on the Weg Naar Zee Block which the presentation shows is part of the Guyana/Suriname basin.
With regard to the Saffron well, we are going through final preparations at the drill location and would expect to announce the spud of the well next week”.
This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
Qualified Person’s statement:
The information contained in this document has been reviewed and approved by Stewart Ahmed, Chief Technical Officer (Trinidad), for Columbus Energy Resources plc. Mr Ahmed has a BSc in Mining and Petroleum Engineering and is a member of the Society of Petroleum Engineers. Mr Ahmed has over 33 years of relevant experience in the oil industry.
If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates. Terms of Website Use All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned