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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

Comment by Kelvinon Sep 27, 2023 1:50pm
179 Views
Post# 35657434

RE:Bluefin

RE:BluefinFrom OilNow: "Additionally, Hill noted that exploration and appraisal activities are planned for the southeast portion of the Stabroek Block “to better understand the longer-term potential of this area.” 

That includes drilling a prospect called Bluefin, located six miles southwest of the Haimara-1 discovery. The find was made in February 2019, encountering approximately 207 feet (63 metres) of high-quality, gas-condensate-bearing sandstone reservoir and was drilled to a depth of 18,289 feet (5,575 metres) in 4,590 feet (1,399 metres) of water."

https://oilnow.gy/news/basher-1-lancetfish-2-wells-next-up-on-stabroek-block-drill-campaign-hess-president/

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