The Venezuelan portion of the Columbus Basin - commonly known as the Plataforma Deltana - is on trend with the prolific gas plays in Trinidad & Tobago. Exploration in the Venezuelan sector of the basin has been minimal compared to its neighbour. There are currently no existing developments in the basin and a lack of infrastructure, which leads to high costs. With an agreement in place to jointly develop the Loran-Manatee cross-border field, potential development options might be on the horizon. Current costs are too high and the value of potential discoveries is negative even at High prices.