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.

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CGX Energy Inc

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Post by dragonfly454on Oct 13, 2021 10:02pm

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Post# 34003692

Literally and figuratively drilling down

With the deeper analysis of what is hidden in plain sight On the CGX presentation Nov 2020 pages 5-9 we see Maka Central being the center piece with Kawa-1 being similar to Sapakara West with the SSW part of the seismic line becoming Kawa-2 or Kawa South at a later date.This discovery (Kawa-East) will be in line with Sapakara West with a positive variance towards the Maka Central potential after further appraisals it would be found to be having even greater than anticipated potential ...based on my correlation to the Sapakara discoveries in Suriname Block 58 .

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