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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 Oct 14, 2019 1:17pm
322 Views
Post# 30228619

RAMFORM TETHYS & TITAN - STATUS UPDATE

RAMFORM TETHYS & TITAN - STATUS UPDATE

A quick status update on FleetMon shows the RAMFORM TITAN is now offshore Guyana. However, it's recent route shows it tracking East of Corentyne - slightly north of Demerara and Orinduik.



Of interest is the RAMFORM TETHYS which has been in Guyana for several months doing work for Exxon. Based on its historical route of the TETHYS (past week) it has been tracking through CGX's northern Corentyne area (as mapped by CGX's press release). Interestingly, the Tethys route also extends well into the Stabroek license (route appears to extend north of Pluma).


Take with a grain of salt - but, it would seem the Tethys route is capturing uninterrupted 3D data across the Northern Corentyne Area and the southern Stabroek area.


would recommend CGX shareholder to go on fleetmon to check out for themselves. Read through here is the possible coordination taking place between the Stabroek and Corentyne interest holders. Very interesting indeed!

Bullboard Posts