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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 GripnRipon Mar 03, 2022 5:20pm
277 Views
Post# 34480947

data is data posts pumper doc

data is data posts pumper docIgnore the risk factor, if Koolaid tastes great....drink it

Exploration drill casings are never used for production altho sometimes Co use production casings in exploration. Stupidity or unbridled optimism

In the case of Eco-Atlantic's 2 drill holes, ECO was NOT the operator, just along for the ride. Samples went to Tullow's lab for analysis. That takes time.

Trying to blame ECO is like blaming passengers for being on a plane that crashes....they weren't flying the dang plane

JMHO
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