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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

Post by waitingstillon Oct 22, 2021 1:57am
338 Views
Post# 34035944

Seismic question

Seismic question

Looking at the Figure 2 seismic amplitude, I assume that we are looking for what is in the thin squiggly green line at the lower Campanian, the thicker red line in upper Santonian and then the thin green line in the lower Santonian. Is this accurate?

If so, what is the deal with the two long green lines in the Campanian to the left? They are huge compared to the green lines that we are chasing (I know they are just secondary targets).

And there are thick red lines all over the place. What makes our current red target any different than those ones? Including the one sitting just below where the drill bit is supposed to stop in the Turonian. Is there some reasoning why some green and red lines are more interesting than others? Or are they all legitimate targets?!

I hope one of you experienced people can cleaer this up for me. TIA.

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