Drill campaign planned at Makarapan-1 exploration well offshore Guyana

After successfully completing negotiations with the government regarding the rescheduling of its work commitments, CGX Energy Inc and its joint-venture partner Frontera Energy Corporation have announced that they are advancing preparatory work to drill the Makarapan-1 exploration well on the Demerara Block. It was previously called Demerara-F and is said to be an Aptian stratigraphic prospect on the block.