AGP Executive Report
Last update: 5 hours agoCorentyne Bridge Row: Suriname says President Irfaan Ali was told as early as May 15 that Paramaribo intends to finance the Corentyne River bridge alone, while Guyana rejects the claim and insists the project has always been a joint effort with no official signal to shift to unilateral funding. Offshore Oil Push: Petronas announced new hydrocarbon discoveries in Suriname’s Block 52, with two new wells (Caiman-1, SAC-1) and a positive appraisal (Roystonea-2) lifting estimated recoverable resources to over 1 billion barrels of oil equivalent. New Gold Drilling Results: Miata Metals reported a new gold discovery at its Sela Creek project, including 17.19m at 3.14 g/t Au and 21.64m at 1.70 g/t Au from early Puma East holes. Suriname Energy Contracting: SBM Offshore has started sourcing a flotel services supplier for TotalEnergies’ GranMorgu FPSO commissioning offshore Suriname, targeting first oil in mid-2028. Local Business/Mining Finance: Sranan Gold granted 3.9 million stock options to insiders at $0.15 per share, as it continues exploration in Suriname.
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