Chronology of events following CGX oil deal


Stabroek News
July 16, 2000


1. President Janet Jagan signed an agreement with Canadian-based company CGX Resources Inc engaging in off-shore oil exploration in Guyana's Exclusive Economic zone - June 25, 1998.
2. Exxon to join oil rec- concession extended for CGX - Dec. 12, 1998.
3. Exploration company CGX Resources Inc to put down well, worth millions of US dollars in the Atlantic to drill for oil in its off-shore concession before the end of the year - Oct. 11, 1999.
4. The CGX Resources Inc to begin work soon on oil rig - company's concession stretches from the Essequibo River going east towards Berbice - Nov. 1, 1999.
5. Oil exploration company CGX Resources Inc has shifted the date for the installation of a rig to drill oil - Nov. 23, 1999.
6. Two companies to renew hunt for oil by June, with one of them - CGX Resources Inc - March 6, 2000.
7. Oil exploration from CGX Energy Inc secures US$8.7M financing - drilling likely by late May - March 23, 2000.
8. Government guaranteed 50% of oil production profit - CGX spud date pushed back to June - May 7 2000.
9. Suriname objects to CGX oil exploration - May 31, 2000.
10. CGX rig to take up position in a few days - June 1, 2000.
11. Suriname invited for oil rig feud talks - Rohee says drill site in Guyana's waters -June 23, 2000.
12. Territorial violation - Guyana protests - meetings with Suriname to be convened in Trinidad - June 4, 2000
13. Coast Guard apprehends five Venezuelan vessels fishing illegally - June 4, 2000
14. CGX rig to stay west until feud resolved - Surinamese coast guard threatened to use force - June 5, 2000.
15. Territorial violation by Suriname - Eleven member team for talks - early resolution of CGX issue being sought - Rohee - June 6, 2000.
16. Marathon talks on oil rig row - Guyana 'more or less there', Rohee - June 7, 2000.
17. Hope for CGX rig but no firm agreement yet - more talks likely soon - June 8, 2000.
18. Trades union body outraged at Suriname ousting of CGX - June 8, 2000.
19. Private sector strongly condemns CGX's eviction- June 8, 2000.
20. Press conference - more talks on CGX oil rig set for Tuesday - June 9, 2000.
21. CGX encouraged by Guyana's proposal - June 9, 2000 further delays could scupper drilling - June 9, 2000
22. Return of oil rig on agenda - Foreign Ministry insists - says Suriname reports on reneging scurrilous - June 10, 2000.
23. Suriname navy holds Guyanese fishing vessels - June 10, 2000.
24. GPSU deplores Suriname's 'gunboat diplomacy' - June 10, 2000.
25. Military presence evident in Corentyne River - June 11, 2000.
26. CGX rig cannot return - VHP party member - June 11, 2000.
27. Team members named for key oil rig talks - PNC supporting government's effort - June 12, 2000.
28. Bass intensifies action against Corentyne boats - Fishers held by Suriname were not licensed - June 12, 2000
29. Crucial oil rig talks on today - Alibux, Snijders due - July 13, 2000 - June 13, 2000.
30. Critical decision awaits outcome of meeting - CGX - June 13, 2000.
31. Rig talks useful but deal unlikely today - Abrams - June 14, 2000.
32. Guyana denies violating Suriname's airspace - June 14, 2000.
33. Rig talks useful but deal unlikely today - Suriname asked to see CGX agreement - June 14, 2000.
34. Oil rig's return unresolved - Talks to reconvene in Suriname - June 15, 2000.
35. Oil rig talks - Rohee, team for Suriname today - June 16, 2000.
36. Guyana proposes declaring disputed area 'special zone' - Suriname to respond - June 18, 2000.
37. Mining company hands over boat to Coast Guard - June 18, 2000.
38. CGX to drill for oil at new site - after talks with Suriname collapse - June 19, 2000.
39. CGX oil rig - Suriname seeking meeting of Presidents - June 19, 2000.
40. Oil rig talks with Suriname collapse - Guyana to use "appropriate processes" - June 19, 2000.
41. Drilling underway at Horseshoe West - CGX says this was least expensive option - June 20, 2000.
42. CARICOM minister to consider Guyana Suriname border dispute - June 20, 2000.
43. Surinamese military presence still evident across the Corentyne - cross-border trade slows, prices up - June 20, 2000.
44. Oil rig dispute - Jagdeo asks Wijdenbosch for specific proposals - CARICOM urges peace talks - June 21, 2000.
45. Guyana-Suriname dispute - 'Talk, not force' - St Vincent, St Lucia PMs - June 22, 2000.
46. Guyana-Suriname impasse - joint exploration details would not have been acceptable to either side - Ronald Venetiaan - June 22, 2000.
47. Horseshoe West well drilled to 2,000 feet - CGX optimistic of results shortly - June 23, 2000.
48. CGX oil rig dispute - Bird says "no" to aggression - June 23, 2000 - June 23, 2000.
49. Suriname plane intrudes into New River area - Guyana protests - June 24, 2000.
50. Jagdeo, Wijdenbosch meeting now in doubt - New River secure - army - June 25, 2000.
51. Benefits of Suriname's entry to CARICOM outweigh recent troubles - Dr Luncheon - June 25, 2000.
52. Guyana seeking CARICOM heads help on oil rig - Jagdeo - Miners to set up defence fund.
53. Team set up to seek equipment for Coast Guard - June 27, 2000.
54. Jagdeo responds to Wijdenbosch - still open to meeting - June 28, 2000.
55. Between two borders - Surinamese/Guyanese urged peaceful resolution of CGX dispute - June 28, 2000.
56. Guyana/Suriname basin has potential of 15 billion barrels of oil - Technology advance allows for quicker drilling - Kerry Sully - June 30, 2000.
57. Jagdeo's reply to Wijdenbosch still under wraps - June 29, 2000.
58. Dispute with Suriname - Guyana to press CARICOM heads on Belize decision - June 30, 2000.
59. Government did not properly manage Guyana/Suriname relations - Hoyte - June 30, 2000.
60. Jagdeo urges UN members to support peaceful settlement of dispute - cites 'persistent and recent' threats to Guyana's sovereignty - July 1, 2000.
61. Modified 'shiprider' treaty for discussion with US - July 2, 2000.
62. Move to beef-up Coast Guard under way - Luncheon - July 2, 2000.
63. Democracy on trial in Caribbean - Jagdeo's address to the CARICOM heads of Government summit - July 3, 2000.
64. CGX oil rig dispute - Jagdeo lobbies CARICOM on joint exploitation - objects to Surinamese in military uniform - July 4, 2000.
65. Glimmer of hope for return of CGX rig - joint exploitation on the table - July 5, 2000.
66. Suriname did not question CGX's licence before drilling started - Kerry Sully - July 5, 2000.
67. Oil rig talks to resume in Jamaica - July 6, 2000.
68. CGX brief Suriname on exploitation prospects - July 7, 2000.
69. CGX oil rig dispute - joint exploitation modality to be set in Jamaica talks - July 7, 2000.
70. Surinamese gunboats continuing to seize Guyanese fishing vessels - July 7, 2000.
71. Oil rig's return - Jagdeo cautiously optimistic about talks in Jamaica - says facilitators is crucial - July 8, 2000.
72. Steps underway to boost army's marine capacity - President Jagdeo - says soldiers well-trained - July 8, 2000.
73. Some aspects of the Guyana/Suriname Sea Boundary - July 8, 2000.
74. Suriname's threat to Guyana's (and its own) economy - Business Page - July 9, 2000.
75. Major oil find could spell permanent debt relief - July 10, 2000.
76. Border dispute with Suriname - Upper Corentyne Chambers support government efforts - July 10, 2000.
77. Horseshoe well dry - CGX to go if no solution by July 15 - July 11, 2000.
78. Crucial oil rig talks on today in Jamaica - July 14, 2000.


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