Rig hired by CGX en route to Guyana

2006 photo of Ocean Saratoga courtesy of Michael Martin 14403 Coles Crossing Drive North Cypress, Texas, USA 77429

CGX Energy Inc today announced that the Ocean Saratoga semi-submersible drilling rig which will search for oil in Guyana’s waters departed the Gulf of Mexico on January 1st,and is now under tow to the Guyana-Suriname Basin to drill the Company’s Eagle-1 well.

CGX noted in a release that the Eagle-1 well will be drilled on the Company’s 100% owned and operated Corentyne Petroleum Prospecting License, offshore Guyana. It is anticipated that the Ocean Saratoga will arrive on location around