JHI Associates, Inc. ("JHI") and Mid-Atlantic Oil & Gas, Inc. ("MOGI") wish to clarify the details concerning the award of the Canje Block offshore Guyana in 2015. As a statement of record, the block was awarded on March 4, 2015, using the standard Guyana Model Production Agreement. The Liza-1 well on the adjacent Starbroek Block was very high-risk and did not begin drilling until after the Canje Block licence was signed. Prior to this, there were no discoveries anywhere offshore Guyana. JHI and MOGI followed all applicable laws and regulations in their application for the licence for the Canje Block.
Neither JHI nor MOGI has received any request
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