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.

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CGX Energy Inc > Active Petroleum System

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Comment by dragonfly454on Dec 17, 2021 3:21pm

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RE:RE:RE:RE:RE:RE:RE:Active Petroleum System

Yeah Ermosp ..based on my experience I do concur..virgin fields usually have fluff but you can check out SheDrills that bustle in her hedge row might give you a spring clean ..lol ..LWD has its limitations plus we are now entering the Primary target zone at this point I can handle fluff going in ..Clouder are you feeling fluffy ol'chap ? A 50% uptick based on fluff ain't bad homme.. imagine 35 API and 750 m boe ..that would be some strategic stratigraphic fluff

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