Goudron oilfield continues to pay dividends
Trinidad and Tobago Drilled at a depth of 730 metres, LGO encountered 70 metres of net oil pay, eclipsing June’s GY-665 well, which was recorded at 60 metres. Operations for LGO within Trinidad and Tobago include assets at the Goudron oilfield IPSC, where it holds a 100-percent stake as owner and operator, Moruga North and Cedros Peninsular leases, as well as the Icacos oilfield, of which it holds a 50-percent stake.
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