CGX Spuds Long-awaited Guyana Oil Well

(Argus, 8.Jul.2021) — Canadian independent CGX Energy, one of the early movers in Guyana’s offshore play, spudded its first well in the South American country, 21 years after its initial effort derailed because of a border dispute. CGX has started drilling the Kawa-1 well on the shallow-water Corentyne block with […]

CGX To Use Maersk Rig For Kawa-1 Well

(CGX Energy, 22.Apr.2021) — CGX Energy Inc. and Frontera Energy Corporation (TSX: FEC), joint-venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, separately announced today that CGX Resources Inc., operator of the Corentyne offshore block, has entered into an agreement (the “Drilling Contract”) with Maersk Drilling […]