Spanish state player Repsol agreed to sell a 30% interest to RWE last month in the Kanuku permit, which Repsol operates on 40% and partners with Tullow Oil on 30%.
The shallow-water, 6525-square-kilometre block lies about 80 kilometres off the South American coast in the Guyana-Suriname basin.
CGX, majority owned by Pacific Rubiales, took issue with the farm-out in light of what transpired in the wake of the failed Jaguar 1 well drilled on the same acreage sold to RWE.
The
