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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 21, 2022 11:04am
393 Views
Post# 34342518

the only path to recovery now

the only path to recovery nowfor all the Portfolio losses in the meltdown is for CGX to cannon BIG.

From the Bathymetery map Im getting a clear picture of the migration pathways localized in the Block 58 and soon the North Corentyne Block ..that counter regional dip is subtle ...West of Kawa has better migration paths..
Look at the map below around the Block 58 and North Corentyne where the contours look like Bridgette Bardot's neck or the nerve endings in an elephant's trunk those are indications of where the old channel cuts were which were later infilled with sediments ...as the upper cretaceous fell into place and the source rock matured those channel outlines acted as migration pathways for hydrocarbons 


https://www.kaieteurnewsonline.com/images/2022/01/yellowtail.png

look where it says -500 near Kawa zone to over in Block 58 where it says -700 those similiarities in the Bathymetric Contours are mirrored like a Butterfly's wings almost with the source rock feeding up where the lines converge...

Anyways its just the Broader markets and Putin dragging the share price down ATM..keep an eye on the Anchor Handler...Pacific Duchess ..Dirk what we gonna grill this weekend? I was wondering if the Anchor Handler has some issues and the Maersk Discoverer ended up being left out there a few days extra ?

Devanand what you thinking Babu Dhabu might buy out the Crab Island Port? 

Sporty J whats up bro..? you awful quiet man even Phantom tuned out ...or y'all with the Canadian Special Ops team on the Dnieper River ? 

Dirk watch out if you see Pigs in the Bay grill a few..




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