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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 OIL_RUNon Jul 20, 2012 9:31am
430 Views
Post# 20134684

Jaguar-1: Estimated Temps / Press.

Jaguar-1: Estimated Temps / Press.

Was doing a little research last night and found that Respol has expected temperatures on Jaguar to be around 400°F; pressures to be in the range of 17,000psi.  See Repsol youtube video - https://www.youtube.com/watch?v=1rr1UaaaMvo - start at the 9:39 mark...

 

According to slide 6 of the February 2012 presentation from Total (https://aftp.ecritel.net/_upload/ressources/textes_conferences/technologie_forage_puits_hpht_080212.pdf) - this would put Jaguar below the 'Extreme' and 'Ultra' range. 

 

It would be interesting to see if the actual pressures / temperatures seen on Jaguar were in line (or came in larger) with this previous guidance from Repsol. 

 

Should get a little more insight when Repsol and Tullow give presentations next week....  Also, PRE JV for Corentyne is due this month....i think...

Bullboard Posts