Dominican Republic announces first licensing round
The Ministry of Energy and Mines of the Dominican Republic has announced its first licensing round, which will close in December 2019. The Ministry is offering 14 blocks, a combination of on- and offshore.
Six onshore blocks are being offered in the Cibao Basin, three in the onshore Enriquillo Basin and one onshore the Azua Basin; the remaining four blocks are located in the offshore San Pedro Basin.
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 the 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 has identified undrilled prospects in the Enriquillo Basin.