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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 25, 2021 1:25pm
163 Views
Post# 34165805

RE:What do u call

RE:What do u call Yes my profile pic is figure#4 from a study done by Yallup and Scotchman of Halliburton that I've posted about 4 times now. Forget about Oyler. He's "Jale bolas" as they say in Spanish slang here.

I've read Yallup and Scotchman's study on the Canje source kitchen thouroughly. The main take aways: 1) The rate of heat flow was low enough to allow for the slow cooking of kerogen into hydrocrabons because of the thickness that you describe 2)the Canje is still cooking up oil right now because the "oil window" or conditions required to cook up oil still exist. 3) source rock risk is minimal because it underlies a wide area. The green in my profile pic is a map of the source kitchen. The fan structures in my profile pic are the ones you refer to. Yallup and Scotchman mapped them using actual seismic info. Kawa is smack dab at the vertex of the fan arms. At the mouth, as Dr. Budlong said. So......what's going on with those supply boats anyway? Pressure? Hmmmm

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