A Douglas-based oil company is hoping to start producing crude from a newly-discovered source in South America.
Emerald Energy Plc, which also operates in the Middle East, has called the new well in Colombia Vigia number six.
Tests showed the Colombian well could deliver more than 850 barrels of oil a day.
Public expectations for high street services 'a contradiction'
Political commentator says locals expect services to be efficient but for nothing to change
List of rejected company names revealed
Poopa Scoopa among suggestions turned down
Boutique hotel planned for Peel
Plans also include improvements to nearby Castle Street Gardens
Businesses can bloom if people support local
Ellan Vannin Candles and Soapery opened today
