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. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.

TSXV:OYL - Post by User

CGX Energy Inc

Bullboard Posts

Post by simonx72on Jan 13, 2010 9:42am

607 Views

Post# 16672655

Migration losses

Confirming the Wood Mackenzie article,migration losses could be enormous and probably accounts for the majority of oil injected into the system...seals are the most important here,if not all the oil has been lost.
Technical article,see the end of it.

https://www.searchanddiscovery.net/abstracts/html/2009/hedberg/abstracts/extended/schwarzer/schwarzer.htm

Bullboard Posts

Investor’s corner: Solving chronic pain in dogs – A significant market opportunity