Canadian company ready to drill offshore Guyana

CGX Energy Incorporated, the Canadian-based oil and gas exploration company that is at present in pursuit of petroleum discovery in the Guyana Basin will commence drilling for oil as early as next year.

The company was given the green light to commence operations uninterrupted, after Guyana in 2007 won the Maritime Arbitration Award, following the long maritime border issue with neighbouring Suriname which began in 2000.

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