Dominican Republic to Hold First Licensing Round

Graphic for News Item: Dominican Republic to Hold First Licensing Round

The Ministry of Energy and Mines of the Dominican Republic, in partnership with Wood Mackenzie, has announced its first licensing round to open at an event in Houston on July 10, 2019, closing in December 2019. The Ministry is offering 14 blocks, a combination of onshore and offshore.

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The Dominican Republic forms part of the Island of Hispaniola, and lies within the North Caribbean strike-slip plate boundary zone. During World War II, oil production was achieved in Maleno and Higuerito fields. Seismic data for the Enriquillo, San Juan and Cibao basins is held by the Ministry, and recent surface and seismic stratigraphic mapping has clarified the geological story of the area. The existing seismic data identifies undrilled prospects in the Enriquillo basin. All information is public and available at www.bndh.gob.do/en/.

Blocks on offer:

  • Cibao basin – six onshore blocks
  • Enriquillo basin – three onshore blocks
  • Azua basin – one onshore block
  • San Pedro basin – four offshore blocks

Source: www.worldoil.com

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