The Fusaea-1 exploration well, 170 km offshore and 9 km east of the Roystonea-1 discovery on the same block, was drilled to a TD of 5,227 m. It encountered several oil and gas-bearing Campanian sandstone reservoir packages.
Evaluation continues to determine the extent of this latest find, the third on the block after Roystonea and Sloanea.
Block 52, covering a 4,749-sq-km are north of Paramaribo, is in the Suriname-Guyana Basin. Petronas Suriname E&P operates in partnership with Exxon Mobil.