Petronas Drills Encouraging Results in Caiman-1 Well

• Petronas Suriname has successfully completed the Caiman-1 exploration well in Block 52 and reports encouraging results from the drilling. The well, which should contribute to the further delineation of oil and gas deposits for a possible commercial project, is a crucial step in the four-well campaign that the company is carrying out off the coast of Suriname in 2025-2026.
• The Caiman-1 well was drilled from July 21, 2025, and completed on December 6, 2025. According to Petronas, this completion marks an important milestone in the company's exploration and appraisal program in Block 52. The data collected should clarify which development concepts are feasible for future commercial production.
• Caiman-1 is the first of four scheduled wells in the program. It was drilled in the western part of Block 52. The activities were fully supported from Suriname: materials, fuel and provisions were delivered via the Surinamese shore base, while personnel were flown in and booked out via Paramaribo. As a result, Petronas emphasises, local supplier work has been strengthened, and new opportunities have been created for Surinamese companies.
• Block 52 covers approximately 4750 square kilometres, in water depths ranging from 60 to 1000 meters, and is located approximately 140 kilometres off the Surinamese coast. The area has long been seen as a promising offshore block, partly due to the successful discoveries in the adjacent blocks by other international operators.
• With the completion of Caiman-1, the course will be set in the coming year towards the next three wells, which should confirm whether Block 52 can grow into a commercial oil and gas development for Suriname.

(Source: Suriname Herald)