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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 ljmorinon Jan 27, 2022 7:10pm
256 Views
Post# 34369145

RE:RE:What is the game?

RE:RE:What is the game?Thanks Tips,
Do you think every wildcat drill team knows exactly what they will encounter no matter how great the siesmic is?

Do you know if there were possibly mechanical problems with the Rig? [whick there was]
Re evaluation when you encounter anomalies to move forward safely can take some time as well?

Win or lose we have the best drilling/design A team money can basically buy, mostly with Stock Options. Check them out. [Major Incentive]
We problably would have been done this hole much earlier and much cheaper with negative results without this class of people.

Have a lovely evening there geo,
GLTA
lj


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