Second Discovery on the Corentyne Block Following Kawa-1 Light Oil and Condensate Discovery in 2022
Successfully Finished Drilling Operations With No Safety Incidents
TORONTO, June 28, 2023 /CNW/ – CGX Energy Inc. (TSXV: OYL) (“CGX“) and Frontera Energy Corporation (TSX: FEC) (“Frontera“), the majority shareholder of CGX and joint venture (the “Joint Venture“) partner of CGX in the Petroleum Prospecting License for the Corentyne block offshore Guyana (the “License“), are excited to announce today that the Joint Venture has discovered oil at the Wei-1 well, on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana. The … Continue Reading