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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 Dec 08, 2019 10:18pm
181 Views
Post# 30434508

DEC-9-2019: APACHE PURSUING SHALLOW WATER PLAY BLK 58

DEC-9-2019: APACHE PURSUING SHALLOW WATER PLAY BLK 58If I am reading this article correctly - it seems Apache will be bringing in another rig to prusue simultaneous drilling operations on Block 58.


The article states (after translation): [Apache] has strong suspicions that in the southern part of block 58, where it is shallower, there is an oil prospect the company wants to pursue. 


Perhaps this is on trend with Repsol's Carapa well... Or, perhaps Inpex's Aitkanti...


If true, this is great news that another EP will be pursuing prospects on the shelf of the Guyana-Suriname basin.


https://translate.google.com/translate?hl=en&sl=nl&u=https://surinamenieuwscentrale.com/united-news&prev=search
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