CGX Energy says it will spud Kawa-1 in August, well could cost up to US$85 million.

Two weeks after Guyana’s Maritime Administration (MARAD) published a notice stating that drilling operations is set to get underway at the Kawa-1 prospect in the Corentyne Block on July 2, Canadian oil explorer CGX Energy Inc. said on Monday the activities will in fact get underway between August 1-15.