Oil signs alluring, but commercial find still elusive in Dominican Republic

Exploration methods including high-resolution aeromagnetics, organic geochemistry, and seismic provide exciting perspective on the Dominican Republic's giant offshore prospect.Murfin Dominicana Inc. (MDI) is exploring for oil and gas on a 2.8 million acre concession in the southern Dominican Republic. The Dominican Republic occupies the eastern two-thirds of the island of Hispaniola, and the Republic of Haiti is located on the western third. Click here to enlarge imageThe concession encompasses two basins, the San Pedro basin in the east and the potentially productive Azua basin (Fig. 1) in the west. Although there have been numerous reports of the occurrence of oil on Hispaniola, th...

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