Joint Venture partners CGX and Frontera have received environmental authorization to spud the Wei-1 exploration well at the Corentyne block offshore Guyana.
In a statement on Monday, CGX said, “the Joint Venture has received the required environmental permitting for spudding and drilling of the Wei-1 exploration well from the Guyana Environmental Protection Agency.”
In addition, the company announced the Joint Venture has entered into a definitive agreement with Maersk Drilling Holdings Singapore Pte for the use of the Maersk Discoverer to drill the exploration well.