CORRECT: Guyana, Frontera Not Talking Corentyne Block: Minister

Nov. 8, 2024, 2:31 AM UTC

(Corrects attribution of comments on a petroleum agreement and a license to Frontera CEO Orlando Cabrales under second bullet.)

  • Guyana said that it is not holding talks with Canadian oil company Frontera about preserving its rights in the Corentyne block after expiration of a license, Natural Resources Minister Vickram Bharrat said in a phone interview
  • Frontera Chairman Gabriel de Alba, speaking in the company’s 3Q call earlier Thursday, said that his firm and Canadian-owned CGX Energy remained committed to developing the Corentyne block
    • The company is reviewing options to safeguard its interest in Corentyne and Guyana: de Alba
    • Frontera CEO ...



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