Canadian company to drill for oil in Guyana

A Canadian company will shortly begin drilling for oil and gas in Guyana\'s southwestern savannah region that borders Brazil.



A spokesman for Groundstar Resources says the firm is targeting the Takutu Basin, where earlier explorations showed potential for resource-rich deposits.



The company is building an airstrip and ferrying in heavy equipment to start exploratory drilling in May.



Other companies have previously announced exploration plans.