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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

Post by dragonfly454on Oct 25, 2021 1:52pm
340 Views
Post# 34046076

OCM ..look at this..this is the key.. the grail.. if it is c

OCM ..look at this..this is the key.. the grail.. if it is cPage 11
https://cgxenergy.com/wp-content/uploads/2021/10/Informational-Presentation-on-Guyana-Suriname-Basin-Offshore-Corentyne-Block-and-KAWA-1-Objectives.pdf

On Page 11 it says :

"The channel decapitates and separates the lobe from its up dip feeder creating a lateral seal"

 Either "up dip" is wrong and should read "down dip"  or the hydrocarbons migrated below then reached that swiping seal as African plate swiped past the South American plate then flowed up and around under the Santonian Unconformity into the mid Santonian reservoir now known as Kawa ..this here would unlock Eagle and Jaguar ...Eagle to go north and deeper and Jaguar as well ...at a point where the Santonian is level and not trending updip ..
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