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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

Comment by Phantombloggeron Jan 25, 2022 7:09pm
345 Views
Post# 34360411

RE:RE:RE:RE:DOW JONES

RE:RE:RE:RE:DOW JONES
jada13 wrote: This is the burn upwards just before the big crash. I've been reading and studying this phomina a lot lately. Could even go up tomorrow but the big one is coming. LOOK OUT BELOW.


Jada, you have to do some serious prayers with regards the above; That we don't have that event while we still await news about Kawa-1 and Wei-1. You know the adage about rising & falling tides.
Does our all knowing management recognize the connundrum raised by Jada?
Accoring to OldCompanyMan:
Quote: "As of now I would expect well TD to be reached in the period 13-19 January, with anything between 8 and 15 days needed thereafter for the rig to leave the location, depending on the data acquisition programme and the specific P&A plan." End of Quote.
Is January 28th, 2022 the date of an NR?
Jada, you probably still have time for the prayer.
Phantom

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