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.

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CGX Energy Inc > The last time a 3 letter Acronym starting

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Comment by Dirksidetrackon Feb 19, 2022 11:07am

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Post# 34444819

RE:The last time a 3 letter Acronym starting

Dfly, Anytime we've been differentially stuck is when the drill string sits idle in the hole for an extended period of time. Usually while killing and circulating out a kick. As you point out, it usually gets stuck in lower pore pressure formations where the differential between mud column hydrostatic pressure formation pore pressure is greatest.

Yeah gonna be interesting to see who fec/oyl partners up with. Maersk makes the most sense to me.

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Advancing flagship Ishkõday Gold Project in Ontario