The deferral will allow CGX to complete its minimum work programme in the Guyana-Suriname basin, which includes one exploration well with the option for another appraisal well.
Guyana-focused CGX has been licensed to drill on the Eagle prospect since 1998, when it was granted a 10-year permit. But the company became ensnared in a maritime border dispute between Guyana and Suriname, and watched as a rig it had contracted in 2000 was chased off the site it was preparing to drill by Suriname gunboats.
The
