CGX Energy files independent resource assessment for Corentyne Petroleum Prospecting Licence
Scandoil: CGX Energy Inc. says that an independent resource assessment has been completed by Gustavson Associates LLC of Boulder, Colorado, U.S.A. (Gustavson) for four prospects on the Company’s Corentyne Petroleum Prospecting Licence (PPL) located offshore Guyana, South America. Using probabilistic analysis, Gustavson calculated a total best estimate (P50) Prospective Resource in the four prospects to be 2.7 billion barrels of oil.
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