Staatsolie is pleased to announce that the 5000km 2D marine seismic over the Demerara Plateau was completed in December 2011. The data will be available in the fourth quarter of 2012 as part of the 2013 Data package.

Staatsolie Maatschappij Suriname N.V. signed three production sharing contracts on Tuesday 13 December 2011, for exploration and prospective production of the offshore blocks 42, 45 and 48. The contracts were signed with the American firms Kosmos Energy and Murphy Oil for blocks 42/45 and 48 respectively.