Gustavson has completed an assessment of CGX Energy prospects offshore Guyana.
Offshore staff
TORONTO, ONTARIO --CGX Energy Inc. has received an assessment of its Corentyne Offshore Petroelum Prospecting License off Guyana from Gustavson Associates LLC. The report estimates P50 reserves of 2.8 Bbbl of oil in the three prospects.
The license covers 34,723 sq km (13,407 sq mi) total, both offshore and onshore. The license is divided into the Corentyne Offshore PPL, the Corentyne Annex PPL, and the Berbice Onshore PPL.
