Subsea Tiebacks https://www.offshore-mag.com/subsea/article/14199527/subsea-tiebacks-gain-momentum-in-us-gulf-north-sea
This will undoubtedly be northern Corentyne one day. These prospective resources in the Maastrictchian, among other intervals, will certainly get better delineated and ultimately produced via a major facility in one of the larger oil fields Exxon JV has found. Very positive no doubt.
The fact Exxon JV is also drilling so extensively near northern Corentyne is no joke either. They know the importance of this area for future development. In many ways it's a shame we didn't have their drilling staff executing Wei and Kawa.... us shareholders would have seen much faster wells drilled, tens of millions of dollars saved, more WI retained, and importantly full datasets collected. Truly a massive missed opportunity with the bums we hired... especially since we actually hit oil but mismanaged the "impact" factor because of faulty human personnel.
Thank god HL is doing the negotiating going forward and will ensure some form of compensation will occur for the upside value Corentyne holds. If Corentyne can't get at least $2 usd/bbl for the prospective resources in the Maastritchian this point, that would be a big lost opportunity. I've seen far greater garbage get sold for way more in so many other basins.