Great News for CGX - Upper Cretaceous Sandstone expansion Great News for CGX and ECO - Upper Cretaceous Sandstone expansion..
Best possible results for CGX and ECO, the extention of the EXXON succes is confirmed onto our shallower waters.
Carapa-1 - testing indicates the discovery of oil in Upper Cretaceous age sandstone reservoirs. Rig site testing has indicated that the oil is 27 degrees API with a sulphur content of less than 1%.