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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.


TSXV:OYL - Post by User

CGX Energy Inc > BGP Prospector in Suriname...
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Post by mark92on Nov 11, 2021 11:28am
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Post# 34115096

BGP Prospector in Suriname...

BGP Prospector in Suriname...BGP Prospector worked for CGX in Demerara in 2014 & is a seismic vesel owned by BGP, a Chinese National Petroleum Corporation subsidiary.

"The consortium will be able to acquire, market, and license multi-client seismic programs in the shallow water acreage offshore Suriname, including fresh 3D collection and historic data reprocessing.

This 3D survey is adjacent to the prolific Block 58 where TotalEnergies and Apache have recently made several oil discoveries and will cover the up-dip portions of the same Upper Cretaceous channel systems proven successful recently."

Block 58 already 1,7 billion barrels?

https://www.oedigital.com/news/492025-3d-seismic-survey-kicks-off-offshore-suriname

 

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