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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 19, 2021 7:19am
175 Views
Post# 34144496

RE:Dirk .. Quantum Gravity

RE:Dirk .. Quantum GravityYeah where I live I track the storms coming off of West Africa on the National Hurricane website. They swing north. The upper easterly jet pulls all weather from east to west from Africa to right across the Atlantic into the Pacific. When it gets really hot in the Sahara Desert the rising thermals into the easterly jet stream carries lot if fine dust up there. Makes for amazing red sun rises and sun sets. Also coalescing medium for 2 micron sized condensed water vapor (clouds) to gather into rain drops which get heavy enough to fall.

But I digress. About a month ago you got me thinking about the conversion of kerogen into hydrocarbons. So I checked it out. Three reactions take place - oxidation, reduction and fermentation. What you end up with, be it heavy, light, condensate, nat gas liquid depends on the extent to which the high molecular weight kerogen gets broken down into smaller molecules. And that is driven by the amount of anaerobic bacteria, sulfite compounds and rate of heat flow.

So because coriolis forces (gyroscope effect) affect all fluids the displacement of a fluid due to those forces would depend primarily on its viscosity and density. So lower viscosity fluids would be more affected. So you may be on to something.

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