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Bullboard - Stock Discussion Forum 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... see more

TSXV:OYL - Post Discussion

CGX Energy Inc > Resupply
View:
Post by dragonfly454 on Dec 12, 2021 7:28am

Resupply

We have Enav Peregrina hauling @$$ out of Chaguramas heading to Kawa-1 we have Breaux Tide out there and Pacific Duchess as well..hope u guys noticed that the shifting of the rig location by 400 feet that was happening is no longer happening..and things appear like normal operations again hopefully winding down as mid month approaches..I'm expecting positive results due to my opinion that the operations out there changed suddenly and took on a different pace and urgency and has been going a far bit slower since end October coming into the lower Santonian where the deeper Neocomian would have already pinched out and melded into the Santonian just above source rock would have been a pressure regime close to 12500 which is very close to the rating of the Maersk Discoverer ..Cheers mates ...Let's Do This.
Comment by Dirksidetrack on Dec 12, 2021 8:27am
Ok so first the definition of "pinch out": A type of stratigraphic trap. The termination by thinning or tapering out ("pinching out") of a reservoir against a nonporous sealing rock creates a favorable geometry to trap hydrocarbons, particularly if the adjacent sealing rock is a source rock such as a shale.So older source shale (neocomian) is the seal for the lower and much ...more  
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