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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 GripnRipon Mar 03, 2022 5:20pm
287 Views
Post# 34480947

data is data posts pumper doc

data is data posts pumper docIgnore the risk factor, if Koolaid tastes great....drink it

Exploration drill casings are never used for production altho sometimes Co use production casings in exploration. Stupidity or unbridled optimism

In the case of Eco-Atlantic's 2 drill holes, ECO was NOT the operator, just along for the ride. Samples went to Tullow's lab for analysis. That takes time.

Trying to blame ECO is like blaming passengers for being on a plane that crashes....they weren't flying the dang plane

JMHO
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