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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 > JUNE-28-2021: CANJE LICENSE VALUATION
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Comment by IceDog13on Jun 29, 2021 9:43am
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Post# 33465398

RE:RE:RE:RE:JUNE-28-2021: CANJE LICENSE VALUATION

RE:RE:RE:RE:JUNE-28-2021: CANJE LICENSE VALUATION

soulfire wrote: Demerara may have less prospects but the "F" prospect is a behemoth and dwarf anything found to date. Problem is if it's light oil.
.

 

The Demerara block has about 400,000 Mbbl (between the mean and median) in total spread out amongst its prospects. Not exactly a behemoth. 

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