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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 dragonfly454on Dec 12, 2021 7:28am
433 Views
Post# 34222677

Resupply

ResupplyWe have Enav Peregrina hauling @$$ out of Chaguramas heading to Kawa-1 we have Breaux Tide out there and Pacific Duchess as well..hope u guys noticed that the shifting of the rig location by 400 feet that was happening is no longer happening..and things appear like normal operations again hopefully winding down as mid month approaches..I'm expecting positive results due to my opinion that the operations out there changed suddenly and took on a different pace and urgency and has been going a far bit slower since end October coming into the lower Santonian where the deeper Neocomian would have already pinched out and melded into the Santonian just above source rock would have been a pressure regime close to 12500 which is very close to the rating of the Maersk Discoverer ..Cheers mates ...Let's Do This.
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