CGX still mum on Eagle 1 drilling results

Almost three months into what was intended to have been a six-week offshore campaign, officials are tight-lipped about the state of the drilling at the CGX Energy Inc’s 100 percent operated Eagle 1 well which should have been completed by the end of April, leading to the belief that oil was not found in commercial quantities.

When this newspaper contacted Minister of Natural Resources and Environment Robert Persaud for an update yesterday, he said he preferred if this newspaper got its update directly from the company.

However, calls and emails to CGX’s Communications Manager Charlotte May and Chairman Kerry Sully, both of