CGX Energy Inc V.OYL

Alternate Symbol(s): CGXEF

Energy Oil & Gas E&P

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

CGX Energy Inc > Tight Hole

<< Previous

Bullboard Posts

Next >>

Comment by SheDrillson Nov 28, 2021 8:06pm

237 Views

Post# 34174356

RE:RE:RE:RE:RE:RE:RE:Tight Hole

A better test case would be ECO Atlantic and Westmount as they got close to TD on their wells in Canje.

Exploration Speculation isn't meaningful in companies with large market caps, a single discovery doesn't move the needle.

<< Previous

Bullboard Posts

Next >>

Changing Europe’s dependency on HREE from China