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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 > No more Meatloaf tovers
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Post by dragonfly454on Jan 21, 2022 11:41am
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Post# 34342778

No more Meatloaf tovers

No more Meatloaf toversIF I HAD TO CALL IT NOW I would say ...

The Maersk Discoverer found indications of Hydrocarbons in the Campanian ,Fizz gas at Horizon 19 non-commercial. 

In Horizon 23 they have found hydrocarbons 17 meters gas condensate and 31 meters 36.7 API oil pay and a 24 meter  oil leg in the Horizon 25 WITH 42 API Oil Based on the stratigraphic nature of the deposits they would take some time to dtermine the exact resource estimates but factoring in Kawa West I would put share price at  US$5.25 after announcement.From the Bathymetery Maps Im seeing how and from where Pluma,Lau-Lau,Haimara and Northern Block 58 is being fed . PLEASE DONT MAKE INVESTMENT DECISIONS BASED ON THIS..lol
Meat loaf gone like a bat outta hell....RIP
https://www.youtube.com/watch?v=3QGMCSCFoKA


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