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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

Comment by OIL_RUNon Oct 13, 2021 7:45pm
339 Views
Post# 34003361

RE:dragonfly454 - question for you

RE:dragonfly454 - question for you

See slide 10 of the CGX Corentyne presentation "Depth Seismic Section".


It appears both upper and lower Santonian targets are expected to be located between 6,000m to 6,500 meters. Clearly visible are the thick / stacked pay zones.


The shallower campanian appears to be between 5,000m to 5,200m. We see some reflection - but, the Kawa cross
section cuts out the feature altogether.


Note, the upper and lower bounds of each interval are designated on the x-axis as small arrows.




 

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