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Cory Moruga License (Columbus, 83.8%)
The Cory Moruga Block was acquired in mid-2018 by Columbus through the acquisition of Steeldrum Oil Company Inc.
The Cory Moruga Block is located along the western flank of the Rock Dome Anticline, north of the Moruga West field and west of the Inniss-Trinity Field. The recent Snowcap discovery has opened up further development opportunities along this prolific structure.
- 7,443 acres
- Snowcap-1 discovery made in 2010 by Parex/Primera
- Declaration of Commercial Discovery acknowledged by MEEI in 2016
- Field Development Plan for full exploitation of the reserves is in place
- Additional potential from possible deeper targets