Frontera Energy Corporation on Monday announced that the Kawa-1 exploration well offshore Guyana has been spudded.
“Today [Monday] is an important day for Frontera and CGX as we continue to make substantial progress in realizing the value of our investments in Guyana. The Joint Venture has spud the Kawa-1 well, which we believe is one of the most exciting exploration wells in the world,” Gabriel de Alba, Chairman of Frontera’s Board of Directors and Co-Chair of CGX’s Board of Directors said.
The Kawa-1 well is located in the northeast quadrant of the Corentyne block, approximately 200 kilometers offshore Guyana. The water depth is approximately 355 meters (1174 ft) and the expected total depth of the Kawa-1 well is 6,685 meters (21,932 ft).