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 > Typical demob procedure

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Comment by Dirksidetrackon Dec 26, 2021 11:42pm

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Post# 34263195

RE:Typical demob procedure

Backloading of sack room, bulk mud and cement products etc. But first P&A the well. They usually skid rig after installing a tree in the well head before pulling riser and BOP. If you see a rig skid with lots of supply boat activity then it may signal a demob.

But it could also signal a rip current which happened to us on a Statoil well offshore Venezuela in 2006 on the Sovereign Explorer. Anyway wait for NR or get confirmation from lj who knows everything.

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