Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Dec 21, 2021 12:27pm
169 Views
Post# 34250918

RE:Taking a toll

RE:Taking a tollDfly, I know that formation if it's the same one we ran into in northern Kuwait 18 km from the Iraq border. It's a real SOB. Burned down a rig the year before I got there. Pulling out of the hole it came at them hard.

Yeah didn't want to say too much in response to your post. So carbonates? Not sandstone. This might be the first carbonate well in the basin? You mentioned aluminum. I checked out carbonate types. Dawsonite is a sodium, aluminum carbonate. I don't know what significance that has because I'm not a geochemist. But interconnected vugs and caverns is a fantastic thing if that's what it is. I can see drilling away, everything normal, then all of a sudden you got a raging bull coming at you. The rig is probably on high alert.

<< Previous
Bullboard Posts
Next >>