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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. 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

Bullboard Posts
Post by firo1988gton Jan 09, 2012 8:29am
563 Views
Post# 19381258

Confused

Confused

There was a post Dec 15th 2011 by Simonx72 along with a web address that Jaguar well had been spud on Dec 12th 2011.  Then there was a post by Charlotte May in Jan 2012 that it has not been spud yet?  Very confuseing.

 

 

Dont know if this is accurate but, Subseaiq says Jaguar has spud. CGX has not announced ,so not  sure.

https://www.subseaiq.com/(S(g1tlv0ml205vu555sd4udk45))/Activities/Activities.aspx?region_id=3&activity_type_id=13&actRegTab=1

Repsol Commences Exploratory Drilling Offshore Guyana

Dec 12, 2011 - Repsol has spud the Jaguar prospect offshore Guyana using the Atwood Beacon (400 feet ILC). The high-pressure, high-temperature well is located in the Georgetown Block near the border with Suriname. The well has a proposed total depth of 21,325 feet (6,500 meters) with drilling operations expected to last six months. Partners in the Georgetown Block are Repsol (operator, 15 percent); YPF (30 percent); Tullow Oil (30 percent); CGX (25 percent).

 

 

Hi Francois,

 

Repsol is maintaining the Jaguar-1 well as tight – I can confirm the Atwood Beacon is on location.  When Repsol informs us that the well has been spud we’ll make an announcement. 

 

With regard to the Ocean Saratoga we’ll make an announcement when the rig is under tow.

 

Happy New Year Francois – 2012 is going to be an exciting year for us!

 

Charlotte

 

Charlotte May

Communications Manager

CGX Energy Inc.

1010, 130 Adelaide Street West, Toronto, ON, Canada    M5H 3P5

Bullboard Posts