CGX encounters oil at Kawa-1 exploration project

CGX encounters oil at Kawa-1 exploration project

–but says further drilling required LESS than four months after spudding the Kawa-1 exploration well, CGX Energy, through one of its major shareholders, Frontera Energy, has reported that it has encountered hydrocarbon presence. The Kawa-1 well, named after the iconic mountain overlooking the village of Paramakatoi in the Pakaraima Mountains of Guyana, is located in the …

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