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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 Dec 04, 2021 9:21pm
219 Views
Post# 34199298

RE:RE:Rig Move

RE:RE:Rig MoveHey Tiger..the rig is still there yes but what was observed is that the anchor handler Pacific Duchess was seemingly performing some specialized tasks and the rig was moving at least 400 feet to 500 feet in one or two directions on at least three occasions .. seemingly anchors were being raised starboard allowing a slight drift and then port side like wise then back to point A ..anyone can go cross check the minutes and seconds readings on the marine traffic.com logs for Maersk Discoverer for past three weeks ..it is a gentle slope that is being drilled on so possibly there had to be some adjustments maybe to correct a shift if there was some jarring done..who knows or maybe to do some "special" work ? ...Disclaimer ..no FUD intended ..and any similarities to persons male female or other is purely coincidental..no animals were hurt to make this post ,this phone is charged from the sun ..what else?
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