CGX Energy Inc. has announced that delays, due to minor mechanical issues on the Ocean Saratoga semi-submersible rig and weather conditions, have pushed back the timeframe for the completion of drilling of the Eagle-1 well beyond the originally planned 60 days. The company said its is now anticipated that drilling operations will be completed near the end of April.
As previously stated on February 13, results of the Eagle-1 well will be released upon completion of drilling.
The Eagle-1 well is being drilled offshore of the Corentyne in the Guyana-Suriname Basin, an area ranked by the United States Geological Service as second in the world for oil and gas prospectivity.
CGX had, in January last, disclosed that the Eagle-1 well will appraise the Eocene and Maastrichtian geologic formations formed between 145 and 65 million years ago, to an anticipated total depth of 4,300 metres.
CGX explains delays in drilling
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