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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 geomanx02on Mar 04, 2022 7:10pm
299 Views
Post# 34485497

Kawa Pay Zone?

Kawa Pay Zone?Why does management continue to label the 12 hydrocarbon bearing zones as "pay zones".  There is no "payzone" in this well, nada, zero..... seeing as it is an expendable well....which by the way....they neglected to inform the owners of CGX.

And, divide 200' of hydrocarbon bearing zones by 12 and one gets a bunch of thin zones.  Hope there is one that is rather thick....but don't hold your breath for management to inform the company owners.

Jail is to good for this management team....send them to Chernobyl!!

Hopefully, a real ol/gas company will take them out!!
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