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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 Feb 10, 2022 10:22am
272 Views
Post# 34416309

One misguided post on Gas Flare and...

One misguided post on Gas Flare and...the price dips..lol

even if there was some amount of flaring at Kawa by the Maersk Discoverer that would be normal ok..

wait for the NR on the API and final evaluation of the height of the respective columns at Kawa ..Kawa was a stacked target chosen specifically for exploration puposes(bang for the buck($) ) that is not the best representation and does not give the overall resource size as yet ,,so wait for it..

Lots of people getting expensive seats at a cheap price ..Dirk grab a chair ..
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