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 > Updated Guyana Map (via HESS investor presentation)

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Comment by JS4900on Jan 17, 2022 5:49pm

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Post# 34326286

RE:Updated Guyana Map (via HESS investor presentation)

It's interesting if you compare Slide 9 of the recent Hess presentation, with Slide 8 of the CGX presentation from last October, where they show the various fan lobes coming out of the Berbice Canyon area.

CGX appears to have labeled the area that ultimately contained the Lau Lau discovery with a big question mark (?) at that time.

https://cgxenergy.com/wp-content/uploads/2021/10/Informational-Presentation-on-Guyana-Suriname-Basin-Offshore-Corentyne-Block-and-KAWA-1-Objectives.pdf

I guess maybe some questions have been answered!

jmo

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