Frontera on Friday disclosed that downhole drilling operations at the Kawa-1 well site offshore Guyana have been without any significant issues and well results thus far are consistent with the Company’s pre-drill geological and geophysical expectations.
The Kawa-1 well is located in the northeast quadrant of the Corentyne block, approximately 200 kilometers offshore Guyana. The water depth is approximately 355 meters (1174 ft) and the expected total depth of the Kawa-1 well is 6,685 meters (21,932 ft). 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.
