NRGBriefs: CGX, Frontera on Guyana; Barkindo’s OPEC Wind-down

(Energy Analytics Institute, 9.May.2022) — Energy briefs including CGX and Frontera executives briefing the media on the Kawa-1 and Wei-1 exploration wells offshore Guyana; and OPEC Secretary General Mohammad Barkindo (from Nigeria) preparing to step down from his leadership post at the organization in August 2022.



CGX Senior Technical Advisor Mark Zoback the Kawa-1 well significantly de-risks Wei-1 well to spud in 3Q:22, the exec. said during webinar w/ other execs. from CGX and Frontera during a virtual webinar presentation 9 May 2022 to the media. CGX and Frontera are exploring “all strategic options,” Zoback said during the event.

RELATED STORY: CGX and Frontera Reveal Find at Kawa-1 Exploration Well, Offshore Guyana



OPEC Sec. General Mohammad Barkindo (from Nigeria) will step down from his leadership post at the organization in Aug. 2022 to make room for Haitham Al Ghais (from Kuwait) for the years 2022-25, state oil giant PDVSA announced in a stmt. on its website.

RELATED STORY: OPEC’s Mohammad Barkindo Visits Venezuela



Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) provided results for 43 new infill and exploration drill holes totaling 38,460m, all of which contain multiple skarn and breccia intercepts. Highlights include infill hole U-04-22 w/ 233.70m at 44g/t Ag, 4.05% Pb and 5.04% Zn and step-out hole U-08-22 with 174.95m at 40 g/t Ag, 0.17% Pb and 7.95% Zn and 46.95m at 78 g/t Ag, 3.84% Pb, 8.79% Zn, the co. announced 9 May 2022 in an official stmt.


By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.