CGX Energy Inc. recently announced that it has appointed Professor Mark D. Zoback to its Board of Directors of the and Ms. Jennifer Budlong as its Exploration Manager.
Following this, Gabriel de Alba, Co-Chair of the Board was keen to note that Professor Zoback will bring a wealth of experience to the Company’s Health, Safety and Environment Committee and its Reserves Committee. Alba said that his focus on safety and best practices will be invaluable as the company moves to drill exploration wells on its Corentyne and Demerara Blocks.
“I am excited about the progress in the company’s exploration program and the contributions that Professor Zoback will be able to make to those efforts,” he stated.
Guyana Standard understands that Professor Mark D. Zoback is the Benjamin M. Page Professor of Geophysics at Stanford University, Director of the Stanford Natural Gas Initiative, Co-Director of the Stanford Center for Induced and Triggered Seismicity and the Stanford Center for Carbon Storage and Senior Fellow in Stanford’s Precourt Institute for Energy.
A world-renowned expert in geomechanics, Dr. Zoback is the author of two textbooks on the subject and the author/co-author of approximately 400 technical papers. Dr. Zoback was also the founder of GeoMechanics International (“GMI”), a software and consulting company that was acquired by Baker Hughes in 2008. GMI focused on wellbore stability and pore pressure prediction. Baker Hughes continues to use these technologies today.
Dr. Zoback served on the National Academy of Engineering committee that investigated the Deepwater Horizon accident. He was a member of the Secretary of Energy’s Advisory Board Subcommittee on Shale Gas Development, a member of the Canadian Academy of Sciences Committee on Shale Gas Development and a member of the National Academy of Sciences Advisory Board on drilling in the Gulf of Mexico. Dr. Zoback has received a number of awards and honors including election to the U.S. National Academy of Engineering in 2011 and the Robert R. Berg Outstanding Research Award of the American Association of Petroleum Geologists in 2015.
As CGX Resources Inc. advances its exploration drilling campaign planning for its Guyana assets, it was pleased to announce the appointment of Ms. Budlong as its Exploration Manager.
The company noted that Ms. Budlong is an experienced geoscientist with more than 20 years in domestic and international basins worldwide.
Prior to joining CGX Energy, Guyana Standard understands that Ms. Budlong established an impressive record of exploration success at Maersk Oil and Venari Resources with major Gulf of Mexico discoveries, where she was the project geoscientist. She has held senior level positions with companies such as Shell, BHP, Maersk Oil and Venari Resources. She also holds a Master’s Degree in Geology and a Bachelor’s Degree in Earth Science from Texas A&M University.
Mr. Michael Stockinger, Vice President of Operations was keen to note that CGX is thrilled to have her on board as he added, “We also look forward to her leadership of our sub-surface team as it undertakes its drilling exploration programme on its Corentyne and Demerara blocks.”
