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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 CLOUDERon Jan 23, 2022 12:47pm
349 Views
Post# 34349988

DRILLING TIME

DRILLING TIMEWITH discovery it will be a lot faster for the production holes to be drilled  now that they will know the lay of the land (hole).  A trap,  D fly ,  i thought it was a turbitite  fan,   oh well as long as it is the size  of  long island  who cares.     LOTS of  heavy wieghts  coming to guyana now  eh?                                  PS  i have never had  haggis,  that i remember,  but in the back of my mined it looks to be tasty.  i have some scotish in the family
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