CGX Reports on Corentyne Drilling Deferral
CGX Energy Inc. (TSX VENTURE:OYL) (“CGX” or the “Company”) is pleased to announce that the Government of Guyana has granted a deferral for drilling of the Eagle-1 well offshore Guyana on the Company’s Corentyne Petroleum Prospecting License (the “Corentyne PPL”) to CGX Resources Inc. (“CGX Resources”), a wholly owned subsidiary of CGX. The deferral provides for the remaining minimum work program of the drilling of two exploration wells be completed by June 24, 2013. CGX has a 100% working interest in the Corentyne PPL.
Stephen Hermeston, President and CEO of CGX…
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