CGX Prepares Drilling Program in Guyana's Corentyne Region

CGX Energy announced that after a meeting today in Georgetown, Guyana with the President of Guyana, His Excellency Bharrat Jagdeo, CGX's President, Kerry Sully stated:

"We were happy to report to the President that CGX is scheduled to drill under the Corentyne license in the second half of next year. The 3D seismic program undertaken by CGX succeeded in delineating a highly promising drilling target and CGX has developed and is now actively advancing its drilling program in Guyana's Corentyne region aimed at multiple targets."

Mr. Sully conveyed "CGX's appreciation of the ongoing support of the President of Guyana and of its government and people."

In the overall update on its exploration and drilling plans Corentyne concession offshore Guyana, CGX Energy reported on the following:

  • Data interpretation on the recently completed seismic program identifying the drilling location.
  • CGX's drill design program customized to the requirements of the selected drill location.
  • The Strategic Environment Assessment is already in an advanced stage of finalization with the appropriate Agencies in Guyana.
  • CGX has undertaken preparations for developing the necessary onshore staging and storage facilities in support of the drilling program.

CGX also discussed its projections for exploration activities in its license concessions in Guyana beyond the Corentyne area.


Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Drilling Supervisor - Land
Expertise: Company Man|Drilling Consultant|Drilling Foreman / Drilling Supervisor
Location: Opportunities Throughout the Lower 48
Completions Supervisor
Expertise: Company Man|WellSite Supervisor|Workover or Completion
Location: Richmond, TX
Field Engineer-Wireline
Expertise: Drilling Foreman / Drilling Supervisor|Perforation
Location: Odessa, TX
search for more jobs

Brent Crude Oil : $50.47/BBL 0.98%
Light Crude Oil : $49.72/BBL 1.09%
Natural Gas : $2.76/MMBtu 1.09%
Updated in last 24 hours