CGX Energy Inc V.OYL

Alternate Symbol(s): CGXEF

Energy Oil & Gas E&P

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.

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CGX Energy Inc

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Post by OIL_RUNon Sep 05, 2019 8:20am

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Post# 30097354

SEPT 5 - HESS PRESENTATION

Interesting update from Hess - they have updated their prospect inventory across the south east seaboard portion of the Stabroek block.

Of interest are the new ‘sizable’ prospects located between Pluma and Haimara!

We have heard the Stabroek partners will SPUD three exploration wells through the 2H 2019 (Maku, Uaru and TBA). Maku is expected to be between Liza and Turbot - not sure where the other two are positioned.

https://cache.webcasts.com/content/conf001/1257753/content/58c5eb89d2d07fb5d9a5f87021068b5a30156d25/pdf/2019_Barclays_CEO_Energy_Power_Conference.pdf

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High-grade gold potential in the world’s best mining jurisdiction