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.
Diesel price increases 'could put some taxi drivers out of business'
Manx Taxi Federation's reacting to the 50p jump
Interim census 'important for business as well as government'
It's on Sunday 26 April
Fuel retailer urges motorists to avoid refilling diesel until tomorrow
Two of Spar's five forecourts are out of diesel
Long-running Island garage closing in April
Haydn Minay Ltd founded in 1972
