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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 SheDrillson Nov 16, 2021 2:47pm
222 Views
Post# 34133132

RE:RE:Attitude & Strong Stomachs

RE:RE:Attitude & Strong StomachsWhenever I left the rig mid well, the well was at a casing point.  Deep casing point typically means wireline comes in to do their thing, then running casing, then BOP testing...all that activity can easily consume a week on a deep well and no reason for the LWD or DDs to be out there collecting dayrate at that time.  They call those folks back the day before they are ready to pickup another BHA.  I could turn a triple combo around in 1 hour fully surface tested.  Often it's also a beds issue....because when the casing crew and wireline crew comes out they need to free up beds. 
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