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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 Jan 21, 2022 11:04am
367 Views
Post# 34342518

the only path to recovery now

the only path to recovery nowfor all the Portfolio losses in the meltdown is for CGX to cannon BIG.

From the Bathymetery map Im getting a clear picture of the migration pathways localized in the Block 58 and soon the North Corentyne Block ..that counter regional dip is subtle ...West of Kawa has better migration paths..
Look at the map below around the Block 58 and North Corentyne where the contours look like Bridgette Bardot's neck or the nerve endings in an elephant's trunk those are indications of where the old channel cuts were which were later infilled with sediments ...as the upper cretaceous fell into place and the source rock matured those channel outlines acted as migration pathways for hydrocarbons 


https://www.kaieteurnewsonline.com/images/2022/01/yellowtail.png

look where it says -500 near Kawa zone to over in Block 58 where it says -700 those similiarities in the Bathymetric Contours are mirrored like a Butterfly's wings almost with the source rock feeding up where the lines converge...

Anyways its just the Broader markets and Putin dragging the share price down ATM..keep an eye on the Anchor Handler...Pacific Duchess ..Dirk what we gonna grill this weekend? I was wondering if the Anchor Handler has some issues and the Maersk Discoverer ended up being left out there a few days extra ?

Devanand what you thinking Babu Dhabu might buy out the Crab Island Port? 

Sporty J whats up bro..? you awful quiet man even Phantom tuned out ...or y'all with the Canadian Special Ops team on the Dnieper River ? 

Dirk watch out if you see Pigs in the Bay grill a few..




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