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 > Exxon moves to Whiptail as 15-well Guyana campaign ramps up

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Comment by ljmorinon Jun 13, 2021 2:24pm

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Post# 33379479

RE:RE:Exxon moves to Whiptail as 15-well Guyana campaign ramps up

Not a chance in hell would they JV and have CGX be the Operator or even Fronterra call the shots on drilling and/or operating. None of the super majors would majors would. That;s definitly part of the problem. CGX's management record shows that they would have a tough time managing a kids birthday party.

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