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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 4:02pm
145 Views
Post# 34101781

RE:4th and 5th Dimensional thinking

RE:4th and 5th Dimensional thinkingWell let's see. Phytoplankton converted solar energy through photosynthesis to grow and provide food energy and nutrients all the way up the food chain.

They died and got buried with sediments and over time got converted into kerogene which over time got cooked into hydrocarbons.

Hydrocarbons are naturally stored solar energy. For some reason nature loves to store solar energy as hydrocarbons. Coal is stored solar energy in vegetation. Our own bodies main source of energy are the hydrocarbon the 3 hydrocarbon chains hanging off the triglycerride molecule which our cells convert into energy through an oxidization reaction with oxygen which is why we inhale oxygen and exhale CO2 and water vapor.

Yep go long hydrocarbons. Nature has already stored millions of years of sunlight in them. Some oxygen, a spark then all of the energy that you'll ever need. Reaction produces CO2 which is a building block for life which is why "organic" greenhouses buy CO2 to keep concentration at over 1200 ppm. So c'mon Guyana crank out that oil and those rain forests.

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