CGX Energy Inc V.OYL

Alternate Symbol(s): CGXEF

Energy Oil & Gas E&P

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.

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CGX Energy Inc > Pelican Brief

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Comment by Dirksidetrackon Jan 09, 2022 6:50am

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Post# 34297233

RE:RE:RE:Pelican Brief

Deep Santonian baby! Not even Repsol on Jaguar, nor Exxon et al could penetrate that. Exxon is planning to. They may want to hire Stockinger and Lacey to help them get there.

But how can there be stacked sections of the same formation deposited in the same time period or geological age? Listric fault in a channel aka canyon? Ms. Budlong and Mr. Zoback know. God, from a humble mud man's point of view, I am really impressed that someone finally got to the deep Santonian. The upper one takes only about 60 days to get to. The lower one takes cojones, talent and lots of money to get to. De Alba is a smart man. He hired the best of the best.

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