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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

CGX Energy Inc. is a Canada-based oil and gas exploration company. The Company is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in the Berbice, Guyana. The Company holds interests in three petrol prospecting licenses, such as Corentyne, Berbice, and Demerara Blocks in the Guyana Basin. The Company has drilled two operated exploration wells on its offshore Corentyne Block and drilled three more exploration wells on its onshore Berbice Block. In addition, it has acquired and processed over 7,000 square kilometers of three-dimensional (3D) seismic data on its offshore licenses. The Company through its wholly owned subsidiary, Grand Canal Industrial Estates Inc. The Company is engaged in the development of the Berbice Deep Water Port in Region 6, Guyana. Its other subsidiaries include CGX Resources Inc., ON Energy Inc., and others.


TSXV:OYL - Post by User

Bullboard Posts
Comment by catkinon Apr 11, 2012 1:47pm
450 Views
Post# 19781375

RE: April presentation

RE: April presentation

Eagle was spud on February 13th and Jaguar on February 9 (four days earlier). So it is conceiveable that Jaguar hit the Eocene level prior to Eagle getting there!

They could have got to that level prior to the President's visit and in fact could have been the reason for his visit. This could have also been the source of the Presindent's "promising results" comment.

Should this have been the case, I still think that the President wanted to be one of the first to see this monumental event for Guyana!

Bullboard Posts