Frontera Energy Corp. will focus on exploration in Corentyne block, offshore Guyana, and not drill the Demerara block in 2022, as previously announced, due to positive results at the Kawa-1 exploration well.
Kawa-1 early-stage wireline logging results confirm the logging while drilling (LWD) indications previously disclosed Jan. 31, with a total of 200 ft of net pay encountered at multiple depths (OGJ Online Feb. 1, 2022). Further analyses of logs and samples are ongoing.
Frontera is majority shareholder of CGX Energy Inc. and joint venture partner with CGX in the block (OGJ Online, Dec. 11, 2018). The joint venture is in discussions with the Government of Guyana regarding Demerara block and will provide an update when a conclusion has been reached.