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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 trooper22on Jan 05, 2023 12:04pm
325 Views
Post# 35204943

Discovery location

Discovery locationThe drill rig seems to be almost to the port in Trinidad to load Wei-1 supplies as Trinidad is the closest deep berth port option until BDWP port is completed.  Waitingstill had some approx. timelines for potential spud dates.  I would assume that there are some strong encouragement to load the rig fast when it gets to port.  We have tight time lines to get the drill turning, but it will happen!
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