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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
Post by OIL_RUNon Aug 25, 2019 11:03am
264 Views
Post# 30063584

EXXON/HESS - UARU, MACU PROSPECTS

EXXON/HESS - UARU, MACU PROSPECTSDoes anyone know the locations of the two prospects Exxon will be drilling in the 2nd half of 2019 (Maku and Uaru)? 


Hess and Exxon both mentioned these prospects by name on their second earnings conference calls. In addition, Exxon mentioned drilling of a third prospect could start before year end (prospect name unknown).  Hess specifically mentioned on the call these prospects were located on the southeast seaboard area of the Stabroek block...


Would be curious to know if these prospects are located near Haimara and Pluma - or adjacent to the Corentyne License... I am suspecting this may be a reason why CGX is prioritizing seismic capture of the northern Corentyne area. 


As a as a long term CGX shareholder - it has always been known there has been a large second fan complex in the northern Corentyne area (visible on 2D seismic).


interesting times ahead!!!



https://oilnow.gy/featured/exxon-targeting-tripletail-uaru-and-macu-as-oil-hunt-intensifies-offshore-guyana/



Bullboard Posts