"On April 21, CGX recorded the first seismic images on the coast of Guyana since the 1940's", stated Warren Workman, Vice President of Exploration. "The data quality was good and we're very pleased with the progress we've seen thus far. Recording is expected to continue through May, with processing and interpretation scheduled for June."
The geomicrobial survey completed in October identified more than 20 anomalous leads, one of which is approximately 40 square kilometers in areal extent. The 2-D seismic program is planned to identify the depth and location of the potential reservoirs that could contain hydrocarbons that are associated with most of the anomalies. Seis Pros Inc. of Houston , Texas is completing the 2-D program on the Berbice Block. Following interpretation of the seismic, we plan to drill a number of exploration wells to test seismically-defined anomalies.
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