Tullow Oil said yesterday it plans to drill 25 more wells at Suriname, on the north-eastern corner of South America, after striking oil there earlier this month.
According to Tullow, the Tambaredjo and Calcuta fields in Suriname produce about 13,000 barrels of oil a day and have more than 1bn barrels of proven reserves. Tullow's partner in the project is state oil company Staatsolie Maatschappij Surinam
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