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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 dragonfly454on Nov 25, 2021 3:10pm
141 Views
Post# 34166200

RE:RE:RE:RE:RE:RE:What do u call

RE:RE:RE:RE:RE:RE:What do u call Nah Dirk u missed it ..it's trajectory ..using B58 Maka-Central as the starting point and fanning out the further you go from Maka-Central the shallower the deposit would be as it fills the pockets and spills upward Keskesi is deep in the Aptian going west along the shelf the wells get shallower to the deposits ..it seems so following that trend Kawa's presumed deposits are right where they should be expected if we were to cancel out the Eocene -Paleocene topsoil ...but that topsoil would have been critical to maintain the pressure of Kawa to B58 to ensure the heat.. hopefully it was just slightly less so that the oil flows and migrates on its own bouyancy To those highlighted pockets in the Campanian and Santonian
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