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.

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Comment by SheDrillson Jun 22, 2023 1:21pm

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Post# 35509545

RE:RE:RE:RE:RE:RE:Suresh..

Jan 31 2022 "The Kawa-1 results support the Joint Venture’s geological and geophysical models and have helped de-risk equivalent targets in other parts of the Corentyne license area"

Also for everyone who is defending them not releasing LWD hydrocarbon height in the Santonian...the difference between LWD (177ft) and Wireline heights (228ft) in Kawa were likely because of several small stringers "counted" on the wireline or from the rat hole where wireline got deeper than LWD sensors. Stringers aren't worth much of anything...thick sand packages are where the money is.

Microsoft Word - CGX and FEC - 01312022 - CGX and Frontera Announces Kawa-1 Results (cgxenergy.com)