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The Guyana Suriname Basin, dominated by the small South American nation of Guyana, has emerged as the world's fastest-growing offshore drilling frontier, with significantly more oil resources than previously estimated.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
The Guyana-Suriname Basin is quickly becoming one of the most exciting oil and gas hotspots on the entire planet
NEWS RELEASE CGX ENERGY INC. February 16, 2021 CGX ENERGY INC. ANNOUNCES GUYANA RESOURCE... | February 23, 2021
Toronto, Ontario--(Newsfile Corp. - February 16, 2021) - CGX Energy Inc. (TSXV: OYL) (" CGX Energy " or the Company ") and its joint-venture partner Frontera Energy Corporation (TSX: FEC), are pleased to announce the completion of an independent Prospective Resource study and report (the " Resource Report ") in respect of the Corentyne North Area, Corentyne Main Area and Demerara Block, offshore Guyana. The Company also disclosed the successful renegotiation of the Joint Venture's work commitments with respect to its Petroleum Prospecting License (" PPL ") for the Demerara block o...