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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 OIL_RUNon May 18, 2012 7:15am
373 Views
Post# 19924328

RE: TULLOW CAPABILITIES

RE: TULLOW CAPABILITIES

Looking back at the past Tullow presentations - it does seem that they have always been very careful and cautious about what they disclose and say about the Georgetown block in Guyana. 

 

If you look at the previous presentations from Tullow they have clearly shown (in great detail) the number of different prospects / leads in -  French Guiana, Mauritania, Ghana, Sierra Leone, Liberia, Uganda, Kenya, Ethiopia, etc.  However, when Tullow presents information on the Georgetown block - it has very little inforamtion to accompany it.  Take a look at the information Tullow presents on French Guiana - they clearly map out each fan and the number of potential leads and prospects.

 

It does seem that Tullow has refrained from disclosing information about the Georgetown block.  Hmm....

Bullboard Posts