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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 Jul 24, 2022 1:27pm
342 Views
Post# 34846389

The proverbial Moth

The proverbial Moth...drawn to the flame. Or maybe this moth would find an old jacket like in Michael Shepherd's poem..All we have to go on in terms of seismic would be the same Kawa data I guess ..regurgitated and repackaged for Wei...The Potomona Indian lookout mountain the well is named after.. lol Wei Tepui...reminds me of Tonto and Lone Ranger if Kawa is considered a sucess then Wei has surrounded itself with oil...(Lone Ranger:it seems we have surrounded ourselves by hostile indians..Tonto:What do u mean by "wei" white man?..lol) So looking on the maps all I see is a sea of oil and Wei on that shelf edge toe slump a few hundreds of meters north of Kawa .. knocking on heavens door...Oil is there but as I had said about Kawa the issue would be the Pressure ..that slump creates a whole different set of dynamics but I guess the masochist in me would want to buy back in to see if there is a Wei in Hell ..
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