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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 Dirksidetrackon Feb 15, 2022 7:18am
220 Views
Post# 34429028

RE:RE:Claritin-D

RE:RE:Claritin-DDev, They had my full endorsement back in August after reading Yallup and Scotchman's analysis and learning what "emplacement", "vitrinite reflectance", "calibration", "boundary conditions" etc mean.

They now have samples. They can now "calibrate" with actual samples to establish the boundary conditions for their models. They have world reknown earth scientists on board to do this. I know that I'm being repetitive, because I've cited Yallup and Scotchman many times before, but people might want to read the link below. Just google the terms that you don't understand.

Also, besides sand structures, there are also carbonate reef structures of particular interest. Yallup and Scotchman conclude by saying: "Outputs from modelling can be used to screen for source rock in the basin, suggesting that this is of relatively low risk in this area. Instead, it is concluded that the distribution of reservoirs and seals may be the critical factors for future exploration in this area."

They can now better identify what that distribution of the reservoirs and seals is. https://www.researchgate.net/publication/330753463_Basin_Modelling_Offshore_Guyana_Predicting_Source_Rock_Risk

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