Thirty-two oil drill prospects found in Corentyne and Demerara blocks

The Corentyne and Demerara blocks.

Frontera Energy Corporation yesterday disclosed that a total of 32 drill prospects have been identified in the offshore Corentyne and Demerara blocks.

Frontera and its partner, CGX Energy Inc, contracted McDaniel & Associates Consultants Ltd to conduct a resource evaluation of their concessions in the Guyana-Suriname basin

In a statement, Frontera announced that McDaniel identified 27 prospects in the Corentyne block and 5 in the Demerara block.