CGX and its partner Frontera gave a comprehensive presentation focused on the shallow Maastrichtian (Maas.) resource potential on the Coryentyne Block in Guyana. The partners have pivotted to focus on the Maas. as opposed to the pre-drill primary targets in the deeper horizons as the results from the Maas. were better than expected, making it is a cheaper and easier play to drill and the reservoir quality from the deeper horizons turned out to have lower permeability than expected. The partners ....
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12 Dec 2023
CGX Energy Inc: Shallow play has emerged as a potential high quality large oil development
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CGX Energy Inc: Shallow play has emerged as a potential high quality large oil development
- Published:
12 Dec 2023 -
Author:
Anish Kapadia -
Pages:
4 -
CGX and its partner Frontera gave a comprehensive presentation focused on the shallow Maastrichtian (Maas.) resource potential on the Coryentyne Block in Guyana. The partners have pivotted to focus on the Maas. as opposed to the pre-drill primary targets in the deeper horizons as the results from the Maas. were better than expected, making it is a cheaper and easier play to drill and the reservoir quality from the deeper horizons turned out to have lower permeability than expected. The partners ....