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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 Nov 08, 2021 10:51am
155 Views
Post# 34099708

RE:RE:keen minds

RE:RE:keen mindsYou're asking a lot of me, mechanical engineer with lots of time. Most of these guys are too busy working to feed their families to go down the rabbit holes necessary to understand your posts.

Like a math prof once told me. Learning to solve partial diffential equations for most people with a bit of common sense is not difficult if they work at it for enough time.

Ok yeah bear shots in the woods. Channels of oil bearing bear shot in Santorian. High angle well approach would intersect a lot of those channels.

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