(Kaieteur News) – The Government of Guyana is now awaiting additional information from Ratio Guyana Limited (RGL), the operator of the Kaieteur Block, after the company submitted indicative plans for its work programme following a government request.

On 12th June, Ratio Petroleum, RGL’s Israel-based parent company received a letter from Guyana’s Ministry of Natural Resources stating that it is required, within seven days, to address the work programme and timetable relating to the next two years of the second extension period for the oil block, including the execution of an additional well in the Block area.

When contacted on Friday, Minister of Natural Resources Vickram Bharrat told Kaieteur News that discussions with the company are ongoing. “We are currently engaging the Operator on the status of its work programme. They have provided some indicative plans for which we sought additional clarity and so we are now awaiting more information,” the minister said.