Frontera aiming to spud Corentyne block well by month end

With the Maersk Discoverer drill ship now expected to arrive in Guyana on Sunday, Frontera Energy on Wednesday said that there has been a delay in the spudding of the Kawa-1 well on the Corentyne Block, offshore Guyana, which has now been pushed back to the end of this month.

Frontera holds a direct working interest of 33.3% in both the offshore Corentyne and Demerara blocks, and together with CGX Energy shares ownership of 73.8%, resulting in a total consolidated working interest of 82.6% in the blocks. The partners are known as the joint venture.

CGX had announced in July that the Kawa-1 well would be spudded within the August 1 to 15 time period due to a delay in the arrival of the drill ship.