Canadian partners prioritize Corentyne block for future Guyana exploration

CGX Energy and Frontera Energy Corp. plan to focus on exploration opportunities in the Corentyne block offshore Guyana, following initial positive results at the Kawa-1 well.

Offshore staff

TORONTO – CGX Energy and Frontera Energy Corp., two Canadian independents, plan to focus on exploration opportunities in the Corentyne block offshore Guyana, following initial positive results at the Kawa-1 well.

They are in discussions with Guyana’s government on their other offshore concession, the Demerara block.

Wireline logging results from Kawa-1 have confirmed previous LWD indications, with total net pay of 200 ft (61 m) encountered at multiple depths. Analysis continues of logs and samples.

02/15/2022

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