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Leveraging our extensive business and technical expertise to secureexploration blocks in Trinidad and the greater Caribbean region.
Maribo is well positioned to grow our operations in Trinidad and the greater Caribbean region by:
Leveraging off of the extensive business and technical expertise to secure exploration blocks in Trinidad and the greater Caribbean region
Maribo has a substantial seismic database, acquired through an agreement with a 3rd party, and an inventory of drill-ready onshore and offshore prospects
Seeking strategic alliances with financially strong and operationally capable industry partners
Directly negotiating or participating in upcoming bid rounds for assets in the focus area
Within two years secure at least one high impact international project
Maribo Resources has assembled a proven team of professionals with a wide range of technical and business experience. The Maribo team has successfully explored for and developed oil & gas assets in most major basins in the world including Canada, Trinidad, Jamaica, Mexico, Brazil, Argentina, UK North Sea, Turkey, Russia, Azerbaijan, Qatar, Algeria, Tanzania, Mozambique, India, Pakistan and Indonesia.
In Trinidad, the Maribo team previously has successfully:
Participated in the acquisition of Block 5(c)1 that led to the discovery of two multi Tcf gas fields
Endeavor & Bounty – expected to come on production in 2020
Secured 9 blocks2 totaling in excess of one million hectares in bid rounds during the 2010 to 2013 period.
NCMA2, NCMA3, 2(ab), 4(b), Central Range shallow & deep, Guayaguayare shallow & deep and MG blocks
Assembled one of the largest exploration acreage positions in the country at that time
Entered into joint ventures2 with a number of partners including Centrica, RWE Dea, Niko Resources and Parex
Participated in 5 exploration wells1&2
Trinidad currently produces approximately 65,000 bbls/day of oil and around 3.7 Bcf/day of gas.