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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 Zibo510on Mar 16, 2024 5:26pm
126 Views
Post# 35936791

RE:RE:RE:RE:197ft at Bluefin

RE:RE:RE:RE:197ft at BluefinI don't and never said I did know, because Exxon stated they are not releasing well data information. 

But from following many oil plays a drill stem test has always been part of the initial tests preformed on wells after a discovery to help prove up commercial viability and reservoir properties and confirm that an appraisal well is warranted.

Exxon being the Professional's that they are would follow up a discovery with proven industry procedures which I assume would include a DST 

Below is part of Sinatas NR on Galps recent discovery. 

Maybe you should Google DST and learn what part it plays in the oil discovery process. 

The rig will now return to the Mopane-1X well location to conduct a drill stem test until early April.

Galp will continue to analyze the acquired data during the coming weeks to assess the commerciality of the discoveries.

PEL 

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