CGX Reports Ocean Saratoga Enroute to Guyana

Source: www.gulfoilandgas.com 1/3/2012, Location: South America

CGX Energy Inc. is pleased to announce that the Ocean Saratoga semi-submersible drilling rig departed the Gulf of Mexico on January 1st and is now under tow to the Guyana-Suriname Basin to drill the Company’s Eagle-1 well. The Eagle-1 well will be drilled on the Company’s 100% owned and operated Corentyne Petroleum Prospecting License, offshore Guyana. It is anticipated that the Ocean Saratoga will arrive on location around the end of January. CGX will make a further announcement when the Eagle-1 well has commenced drilling.

Stephen Hermeston, President and CEO stated, “We are pleased that the rig is now under tow and looking forward to the commencement of drilling.”


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Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

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