Oil exploration in Guyana shifts to higher gear: CGX starts drilling Eagle-1 well
CGX starts drilling Eagle-1 well -same spot it was evicted from in June 2000
By STABROEK NEWS , MONDAY FEBRUARY 13, 2012
CGX announced that it has begun drilling for oil in the Eagle-1 Well in its 100% owned and operated Corentyne Petroleum Prospecting Licence – the same spot it was evicted from by Surinamese gunboats 12 years ago.
CGX’s rig is the second to be drilling for oil simultaneously offshore Guyana, a first for this country. CGX also has a 25% interest in the other licence which also includes Repsol and Tullow.