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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

Post by ljmorinon Nov 27, 2021 6:02pm
469 Views
Post# 34172732

Tight Hole

Tight HoleI just can't believe how tight this hole is. I totally expected some sort of leak by now. 
In a way I think that bad news would likely travel a little quicker than good news in some ways.

I mean I believe these crews shift change every 28 days or so and nobody has slipped up. I find that hard to believe. 

It certainly wasn't that way on previous drills and would have thought they would be considered tight as well. Mind you with the very loose management we had previously any leaks problably came from them D heads.

GLTA, 
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