The oil consortium,of which CGX is part of,is set to begin drilling in the Georgtown block
shortly after abandoning Jag 1,due to the high pressures they encountered.They are investing
$200m,Repsol said in this release.No date has been given for the spudding and this Unofficially has been approved by the Gov't.Approval for all of the consortium,including CGX,is expected soon. This info came from the other board,by OIL_RUN. I'm sure more news re this
developement will be coming soon. Good news for sure. Cheers MF