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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 > government has aproved Wei1 well as appraisal/Exploration
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Comment by Ermospon Jun 18, 2023 7:25pm
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Post# 35502714

RE:RE:RE:RE:RE:RE:government has aproved Wei1 well as appraisal/Exploration

RE:RE:RE:RE:RE:RE:government has aproved Wei1 well as appraisal/ExplorationThey logged the secondary before they drilled the primary, because they failed their initial run at primary and had sidetrack to get the new primary. That said, they definitely should know the pay interval if not the fluids and cores. It is a mystery why they chose not to reveal it. 
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