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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

Comment by Dirksidetrackon Sep 25, 2021 9:00pm
159 Views
Post# 33920027

RE:RE:RE:Question TFSA

RE:RE:RE:Question TFSAYeah I know who that guy was. But he is in Indonesia now. Friend of mine from Red Deer, Alberta. Proves my point though. Operational info means nothing. Had Jag hit producible volumes when they abondoned because of high pressures then we'd they would have plugged and produced what they had to at least recover the $230 million US to drill the well.

>p> Maybe they should have. But Repsol found oil but not commercial. I worked on CGX Eagle1 and found great reservoir where oil had passed through but no trap. It had moved updip. Upslope. Higher to the west. That's where Kawa and the two Exxon wells being drilled right now Cataback and Longtail 2 are.

Lot's of interest in that area. Ya really think that De Alba gonna devulge info without a sweet deal?

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