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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.


TSXV:OYL - Post by User

CGX Energy Inc
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Post by OIL_RUNon Sep 30, 2019 10:53am
313 Views
Post# 30177549

APACHE - SURINAME

APACHE - SURINAMEUpdated presentation from Apache: https://investor.apachecorp.com/static-files/ae223bfe-83cb-4b13-93d7-46c393cfa3c7


It appears Apache has exercised its option to drill two additional wells with the Noble Sam Croft; bringing total exploration wells to three. BLOCK 58: “More than 50 significant prospects mapped to date.”


Looks line news flow (near term catalysts) is expected to continue through early 2020. Exciting times for CGx shareholders...
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities