CGX ties up helicopter deal for drilling in October

TIMES INT'L
Canadian oil exploration company, CGX Energy has entered into a definitive agreement for the provision of helicopter services for use in the drilling of its first commitment well on its Corentyne Block
Canadian oil exploration company, CGX Energy has
entered into a definitive agreement for the provision
of helicopter services for use in the drilling of its first
commitment well on its Corentyne Block

Canadian oil exploration company, CGX Energy has entered into a definitive agreement for the provision of helicopter services for use in the drilling of its first commitment well on its Corentyne Block.

Under the terms of the agreement, the company has procured the services of Bristow Helicopters (International) Limited, a corporation organised and acting under the laws of England and having its registered office in England.

Additionally, the CGX has completed a shallow hazard survey in order to acquire seabed conditions and drilling hazard information surrounding the location of its first commitment well on the Corentyne Block.

The survey, performed by the MV Sea Surveyor of Guardline Marine Sciences (South America) Limited, comprised an area of 3.5km X 4.5km.  Soil boring samples will be taken in October 2014 to predict leg penetration for the HAKURYU-12 jack-up drilling rig.

CGX Energy is a Canadian-based oil and gas exploration company focused on the exploration of oil in the Guyana-Suriname Basin. Bristow Group Inc, based in Houston, Texas, is the leading provider of helicopter services to the worldwide offshore energy industry based on the number of aircraft operated, and one of two helicopter service providers to the offshore energy industry with global operations.

Bristow has proudly served the offshore oil transport industry in major exploration and production arenas for more than 50 years and has been responsible for many industry-leading technological innovations.

Related posts