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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 > LJmorin
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Comment by dragonfly454on Jan 18, 2022 11:46am
204 Views
Post# 34328768

RE:LJmorin

RE:LJmorinthe 'Counter Regional Dip" associated with the North Corentyne Block ..fills the gap there ..the subtle change in the depth to the Source Rock and Turonian overlay ,,so recap...

Working HC system
Migration Pathway to Drill Village Mahaicony Demerara
Haimara,Lau Lau,Maka Central,Pluma
Santonian Unconformity Seal above 
3D Confirmation of Sediments ..
Slow drilling at Kawa 
The pattern of Buying today . as shorts are covering and taking a small bite ..
All points to those in the know already maxed out liquidity and just waiting ..in stillness


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Dealroom for high-potential pre-IPO opportunities