CGX Energy Inc V.OYL

Alternate Symbol(s): CGXEF

Energy Oil & Gas E&P

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

CGX Energy Inc > Tullow

<< Previous

Bullboard Posts

Next >>

Comment by IceDog13on Aug 05, 2022 4:01pm

312 Views

Post# 34875130

RE:Tullow

taal wrote:
Tullows miss is a great positive for us...Any major looking to partner with anyone outside The Golden Lane ...may be wasting thier money...I think our block just got much more Attractive...and valuable...

How is Tullows miss a positive for anyone??? This may not mean much for Wei, but most of the Corentyne block is updip from Wei. Outside of the "Golden Lane". A positive hit on the Kanuku block make all the prostects updip from Wei on the Cornetyne block much more appealing. All of the misses, make the prospects updip from Wei less attractive.

Anyone that thinks this was a good thing for the Corentyne block and CGX needs to give their heads a shake. Just my opinion of course.

<< Previous

Bullboard Posts

Next >>

Rock Tech notches official permit for German lithium refinery