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 ....

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 ....