DR1 Daily News - Dominican Republic

BSD Global Exploration reported on 6 October 2025 the discovery of oil & natural gas deposits through 3D seismic technology. In a press release, the company announced, based on seismic analysis, the discovery of both oil and natural gas deposits in commercially exploitable quantities in a land area located in the northwestern province of Montecristi.

The company says the oil and gas deposits were located by BSD’s proprietary remote technology and supported by a 3D seismic analysis. BSD’s cutting-edge technology, which is capable of remotely locating any natural resource to a depth of 8,000 meters in soil or water, is completely reinventing the world’s search for hydrocarbons.

Although drilling has not begun, geophysicist Paul McColgan has stated that “this is one of the best targets I have seen in my 25 years in the hydrocarbon industry.”

Based on the processed seismic data, there are estimated to be hundreds of millions of barrels and BTUs of hydrocarbons present for...