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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 Investnowpleaseon Mar 05, 2022 10:04pm
202 Views
Post# 34487548

RE:RE:RE:RE:RE:Kawa Pay Zone?

RE:RE:RE:RE:RE:Kawa Pay Zone?I know exactly what h2s does. 150 ppm is the limit after that you get headaches and other effects. 500-1000 you font know what hit you. What im saying i have drilled many wells that there is no H2s in it. After flowing it was up to 5%.  Thats how inaccurate it is. Chromos do tell you that. I have also drilled though shales that swell and collapse with inproper mud or being on a hole too long.  Very hard to control. It can be a compounding problem due to other issues
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