Guyana

By OGJ editors
HOUSTON, Apr. 22 – Canacol Energy Ltd., Calgary, let a contract to Tuscany South America Ltd. to provide a 1,500-hp diesel electric rig to drill the K-2 exploration well in Guyana’s Takutu basin.

Mobilization from Oklahoma is to take 60-70 days. Canacol has a 90% working interest in the Takutu PPL, which contains the Karanambo oil discovery drilled by Home Oil Ltd. in 1982.