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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 ljmorinon Dec 16, 2021 10:39pm
326 Views
Post# 34239319

RE:RE:RE:Active Petroleum System

RE:RE:RE:Active Petroleum SystemNo, Finding a hydrocarbon system does not mean its an accumulative or even commercial.or a seal on anything. Just some shows mayby in logs or cuttings, who knows right?
Good indications with great potential for the Primary target. and second Hor 23 and 25.
The upper Camp and Santonion mentioned, really are just bonuses to the big prize I hope.
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