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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

Post by dragonfly454on Jan 18, 2022 11:35am
304 Views
Post# 34328708

LJmorin

LJmorinLets do the math

Haimara went 5575 meters ,Pluma went 5013 meters ...a certain humugous catfish from the dorsal fin to its huge stomach went down to 5821 meters..

Thats equivalent to Kawa because there are no thick Paleocene Eocene deposits north of Kawa ..so Horizontally speaking Lau-Lau is lateral with the channels leading up feeding the Stratigraphic traps under the Santonian Unconformity..just like in Maka Central,Kawaskesi and Sapakara...now with oil being found onshore at Drill Mahaicony Guyana East Coast in the 1960's that proves migration of over 100 miles ..so unless the oil came up and chose to leap frog over Kawa then go down back again and onanize in Tamabredjo and Drill Village ..there will be a significant deposit at Kawa..and whats not baked in is the fact that the West of Kawa has a big formation ..another proximal fan ..strange though that you know to choose to not say the TD for one well ..Exxon chose Lau-Lau ..
https://www.youtube.com/watch?v=bESGLojNYSo
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