President Bharrat Jagdeo has granted an extension to the deadline for drilling the Jaguar-1 well offshore Guyana to Repsol and the main partners in the joint venture drilling project.
In a press release CGX said the parties to the Georgetown Petroleum Prospecting Licence are Repsol Exploracion SA (15%) (Repsol) being the operator, along with YPF Guyana Limited (30%),