Central Latin America DII Scout

Aruba - Company Activity
Bahamas - Farm-in Opportunities, Company Activity, Significant Geophysical Activity, Future Wells
Belize - Working Interest Changes, Significant Geophysical Operations
Colombia - Bid Rounds
Costa Rica - Company Activity Cuba - Future Wells
French Guiana - Key Exploration Wells
Guatemala - Other Acreage Acquisition Processes
Guyana - Geo-Political Background, Regulatory Summary, Significant Geophysical Operations, Future Wells
Jamaica - Geo-Political Background, Modifications & Extensions, Future Wells
Mexico - Bid Rounds, Company Activity, Discoveries & Commercial Declarations
Panama - Bid Rounds
St Lucia - Geo-Political Background
Suriname - Significant Geophysical Operations, Key Exploration Wells
Trinidad - Company Activity, Significant Geophysical Operations

Please find below an extract from the past weeks DII Scout

Suriname
Key Exploration Well
Teikoku Oil (Suriname) Co. Ltd. – Block 31, Aitkanti 1. On 4 December 2011, it was reported that the Atwood Beacon jack-up had concluded operations on the Aitkanti 1 NFW well for Teikoku and was waiting-on-weather to mobilize to the Jaguar 1 location for Repsol, offshore Guyana. The well reached a td of 5,483m in 57m water depth. Teikoku believes the purpose of the well was accomplished and the evaluation is ongoing ‘based on the encouraging and valiant results’. Teikoku plan to carry out a comprehensive analysis of the geological findings in 2012, the results from which will dictate the future exploration plan. The well was spudded 14 April 2011 and took about 230 days to drill; longer than planned due to technical challenges. The total costs have reached about US$100 million which are fully covered by Teikoku. Teikoku Oil (Suriname), operator with 100% interest, is a wholly-owned subsidiary of Inpex Corporation.