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CGX Energy Inc, a Canadian oil and gas exploration company seeking petroleum in the Guyana Basin, will begin drilling for oil as early as next year, said President/CEO Kerry Sully, reports GINA (May 13, 2009). With 70 printing companies strategically located across 27 states, in Canada, and in Prague, the Czech Republic, CGX offers an unmatched geographic footprint with extensive capabilities supported by an unparalleled level of convenience, efficiency and service. Warren Workman, CGX VP for Exploration, said the "plan is to shoot 3D seismic to clarify these targets to prepare for an exploration well that has the possibility of penetrating several targets with a single well bore. |
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