Frontera Energy struck oil in the Corentyne Block offshore Guyana, the company said this week. "Initial results from the Kawa-1 well are positive and reinforce CGX and Frontera's belief in the potentially transformational opportunity our investments and interests in Guyana present for our companies and the country," said Frontera board chairman Gabriel de Alba.
"Kawa-1 results add to the growing success story unfolding in offshore Guyana as the country emerges as a global oil and gas exploration hotspot," he added. Indeed, Guyana…Guyana Delivers Again: New Discovery Made Offshore
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