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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 Dirksidetrackon Oct 16, 2021 2:37pm
158 Views
Post# 34013684

RE:Biceps Femoris...Hamstrings of the Giants

RE:Biceps Femoris...Hamstrings of the Giants I'm reading up on seismic inversion. Seems that any anslysis that you do has to be correlated with well log data, lithology from what geoligists have actually observed on other wells, core samples etc

Failing that, there are a number of different ways that you can interpret seismic data. But through a process of elimination from actual reality from various sources, you arrive at the true interpretation.

So if the above is true wouldn't it make sense for all of the companies involved to share info? Has Apache seen CGX's data room and visa versa? If yes, then the chances of success would go up dramatically wouldn't it? They could arrive at the same interpretation incorporating shared info. It would take a lot of guesswork and assumptions out of the analysis. Like detective work. Follow the evidence. The more evidence, the better.

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