ATLANTA, Feb. 19, 2008 – Delta Air Lines (NYSE: DAL) announced it has received U.S. government approval to serve Georgetown, Guyana, nonstop from New York-JFK beginning July 2, 2008†. “Delta continues to be the fastest growing airline to the Caribbean and Latin America, having added more than 25 new destinations in the last two years,” said Christophe Didier, Delta’s vice president of Sales and Government Affairs for Latin America and the Caribbean. Bordering Brazil, Venezuela and Suriname, Guyana is located where the Caribbean meets South America on its North Atlantic seaboard. More than 130,000 people of Guyanese descent live in the New York metropolitan region. This new service provides a convenient direct link between New York City and Georgetown, the capital of Guyana, enabling friends and family to visit each other. To celebrate this latest addition to its list of international destinations, Delta is offering a one-way special fare of $279* from New York-JFK to Georgetown (based on a round-trip purchase), for purchase by March 14, 2008, for travel completed by Dec. 12, 2008. Additional taxes/fees/restrictions apply.


Details are below. Delta’s new non-stop service between New York-JFK and Georgetown, Guyana, effective July 2, 2008:

GEORGETOWN, Guyana (GINA): Guyana is being eyed by Russian entrepreneurs for oil exploration and, with a favourable conclusion to the arbitration process between Guyana and Suriname over the delineation of the maritime boundary, President Bharrat Jagdeo is expecting the onset of seismic activities.

At a recent press conference, the Head of State divulged that several Russian businessmen are interested in investing in oil exploration in Guyana.

"Our economy is open for investment in every area," Jagdeo told them, but highlighted that consideration has to be given to the licences already issued.

Discussions on investment potential in Guyana were facilitated during the Head of State"s visit to the Russian Federation last month.

"I have promised that when the various groups come into Guyana they will have a meeting with the Guyana Geology and Mines Commission (GGMC) to see what blocks are available," the President added.

The age-old maritime dispute between Guyana and neighbour Suriname will be settled this year when the Hamburg-based United Nations International Arbitral Tribunal on the Law of the Sea makes its ruling.

"We are hoping that as soon as we have a ruling on the arbitration, we may see exploratory activities in the particular block bordering Suriname. We do not want to pre-judge the decision of the tribunal, and at this point, we have to be very respectful, but we feel that as soon as that matter is settled, which should be shortly, there should be a boom in the interest for oil."

President Jagdeo said there are a few blocks available, both on and offshore, but a significant part of the maritime area has already been issued.

According to GGMC, four companies are licensed to undertake exploratory work in Guyana: Exxon-Mobil, Repsol, Century Guyana Limited and CGX Energy Incorporated. There are still large areas in the offshore and the Takutu Basins available for investment.

"Our expectations are that some of those companies would move to do seismic activities and some to actually drill exploratory wells," the President said.

CGX Energy Inc. had commenced offshore exploration in 2001 in the Corentyne River, but operations were halted when Surinamese gun-boats disrupted the operations.