Oil company, CGX Energy has passed the 5000 feet mark in drilling its exploration well off the Corentyne coast.
The company plans to drill to about 13 944 feet (4250 metres) and this could be completed within four to six week, Minister of Natural Resources and the Environment, Robert Persaud told Stabroek News on Saturday. “They are more or less within their timeframe†though there were some delays due to weather, he said.CGX on February 13 announced that it had begun drilling for oil at its Eagle-1 Well in its 100% owned and operated
The company plans to drill to about 13 944 feet (4250 metres) and this could be completed within four to six week, Minister of Natural Resources and the Environment, Robert Persaud told Stabroek News on Saturday. “They are more or less within their timeframe†though there were some delays due to weather, he said.CGX on February 13 announced that it had begun drilling for oil at its Eagle-1 Well in its 100% owned and operated
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