E&D interest picks up in eastern Caribbean islands

Exploration and development work is stirring in several areas of the eastern Caribbean. Click here to enlarge imageRSM Production Corp. of Texas has requested access to acreage of unspecified dimension around the eastern Caribbean island of Martinique, one of France's overseas possessions.The company sought access to the acreage for 5 years in order to carry out seismic surveys of what is, so far, an unexplored area. RSM is a member of the Grynberg Production Corp. group of companies based in Denver.It is postulated that the acreage might cover a northward extension of prospective gas areas off Trinidad and Tobago. The area is a similar distance northwest of Barbados, which has modes...

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