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 > 20000 achieved as at Year End

<< Previous

Bullboard Posts

Next >>

Comment by dragonfly454on Jan 01, 2022 9:05pm

300 Views

Post# 34276733

RE:20000 achieved as at Year End

Dirk based on what I was saying about two weeks ago ...re: the mud and karsts etc..can piezoelectricity generated by contaminants such as quartz etc and the mud mixes during drilling cause problems with the sensors on BHA ? Like give erroneous porosity and other thermogravimetery readings ? Affect pressure readings ? Probably too many sensors on these equipment ? Disruption of decision making processes causing time overuns

<< Previous

Bullboard Posts

Next >>

Investor’s corner: Solving chronic pain in dogs – A significant market opportunity