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Rwe Dea AG Überseering 40 22297 Hamburg, Germany http://www.rwe.com
Contact Mr Frank Meyer +49 40 63752759
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Rwe Dea AG

RWE Dea expands South American upstream presence by farming-in to the Kanuku licence in Guyana

(PresseBox) (Hamburg, )
RWE Dea has arranged a deal with Repsol Exploración Guyana (Repsol) to farm-in to the Kanuku licence operated by Repsol in the Guyana-Suriname Basin located offshore from the coast of Guyana. By entering the South American country, RWE Dea further expands its upstream position in this prolific region along the northeastern coast of South America.

Under the farm-in agreement, RWE Dea will acquire a 30% share in the Kanuku licence. After regulatory approvals the Kanuku block will be explored by a consortium formed by Repsol (40% operator), RWE Dea (30%), and Tullow Oil (30%).

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.