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With a Major Oil Discovery, Guyana Is Poised to Become a Top Producer - NYTThis is huge. Resource Curse ahead for Guyana? Anybody own Exxon-Mobil or Hess? CGX Energy has a block right beside the Stabroek Block, Liza‐1 Well discovery but I have not traded it for a couple of years and lost sight of it. CGX now has plans to develop a deepwater port at the mouth of the Berbice River to service the offshore industry. The Pacific Rubiales Energy directors all resigned last year. The post bankruptcy Pacific Exploration & Production owns 45% of CGX Energy and advanced US$2M last year in the form of a bridge loan. CGX is still looking a joint venture partner to develop the Corentyne block. Worthwhile following perhaps? |
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Msg # | Subject | Author | Recs | Date Posted |
7460 | Re: With a Major Oil Discovery, Guyana Is Poised to Become a Top Producer - NYT | smittyfrmpa | 0 | 1/17/2017 7:16:59 PM |
7473 | Re: With a Major Oil Discovery, Guyana Is Poised to Become a Top Producer - NYT | amstocks82 | 4 | 1/19/2017 12:48:22 PM |