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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. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.


TSXV:OYL - Post by User

Comment by Dirksidetrackon Nov 02, 2021 2:13pm
130 Views
Post# 34078400

RE:RE:RE:Kawa Well

RE:RE:RE:Kawa WellWho the f knows what it is Clouder. I just got upset with her a couple of weeks ago when she went after OCM that he must be a "land guy" impication being that he is not qualified to opine technically on HTHP offshore because OCM was referring to casing lengths and not drill pipe lengths of 90 feet. He was referring to two casing joints 45 feet long each. She thought it to mean two drill pipe lengths or a double rig for shallow wells drilled in the 1940s or 50s when producing formations like the famous Cardium in Alberta could be drilled with double or even single rigs.

She obviously doesn't know that "big iron" these days on land are triples with 15,000 psi BOPs so big that the dog house is two stories off the ground where most rigs have elevators for people to get to the dog house.

Meanwhile OCM is drilling HTHP wells off West Africa listening to some twit suggesting that he is a 3000 psi 1940s land guy in Leduc, Alberta. I admire his restraint. Anyway yeah who knows what will happen but definitely do listen to OCM. He knows what the f he is talking about operationally despite how Shedrills tries to minimize him.

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