–commits to helping with Guyana’s COVID-19 response effort

TULLOW Guyana has contributed over $2M in supplies to the Civil Defence Commission (CDC), to aid in the local response to the effects of the Novel Coronavirus (COVID-19) pandemic.

According to a press statement from Tullow, the company, since the start of the pandemic, has been working out how it can contribute to Guyana’s efforts in combatting COVID-19, the subsequent threat of infection, and the wider effect on the people of Guyana.
It says that after a careful analysis of the situation, the company has decided to support Guyana by identifying practical measures that support national organisations and businesses, and has since

“chosen to support the efforts of the CDC to provide food and sanitation hampers for 100 high-risk and low-income households in communities across Guyana.” The company also donated 200 reflective vests for the volunteers working with the Commission in the different communities, and has tasked the CDC with continuing to identify, in the coming days, those deemed most vulnerable, and high-risk and low-income households which are in need of assistance, and delivering hampers to those homes.

Since the launch of the CDC’s national response to COVID-19, over 2,500 persons from a wide range of households deemed “most affected” have benefitted in whatever way from what it has to offer.

Among those persons to have so benefitted are the elderly, low-income families, individuals with a disability, and those now rendered unemployed due to the coronavirus.
And as the pandemic continues its inexorable march across the world, wreaking untold havoc along the way, Tullow has committed to further supporting Guyana’s efforts at alleviating whatever burden it may place on the nation.

According to the company’s website, Tullow has interests in two neighbouring licences offshore Guyana, with a 60 per cent operated interest in the Orinduik Block, and a 37.5 per cent non-operated interest in the Kanuku Block.

TULLOW GUYANA
Tullow’s position in Guyana dates back to 2008, when the Group farmed into the then named Georgetown licence, operated by Repsol. In 2013, Repsol re-secured the newly-defined Kanuku Block, and Tullow secured a 30 per cent interest. Then, in early 2018, Tullow agreed to increase its equity share in the Kanuku licence from 30 to 37.5 per cent in a farm-in deal with Repsol.

In early 2016, Tullow increased its Guyana position, after being awarded a 60 per cent operated interest in the Orinduik licence, which is a 1,776 square-kilometre offshore block.
Acquisition of new 3D seismic across Tullow’s Guyana licences in 2017, highlighted a number of potential prospects across both the Kanuku and Orinduik licences. In 2019, Tullow was ready to commence its exploration programme, and started a three-well programme to test three different play types: The Lower Tertiary, the Upper Tertiary and the Cretaceous.

In August 2019, Tullow announced its first oil discovery in Guyana, with the Jethro-1 well on the Orinduik Block. The well encountered 55m of net oil pay in high quality oil bearing sandstone reservoir in the Lower Tertiary play. This discovery was followed in September by the Joe-1 discovery in the Upper Tertiary play, however, the quality of the oil has been described as “heavy”, and of “a high sulphur content”.

The Cretaceous Carapa prospect in the non-operated Kanaku licence was the final well in the 2019 progamme. In January 2020, Tullow announced that the well encountered approximately four metres of net oil pay, thereby extending the Cretaceous oil play into the Group’s Guyana acreage.