Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Windyhillon Jul 27, 2022 6:46am
203 Views
Post# 34853042

New Discoveries in Basin around us by EXXON/HESS

New Discoveries in Basin around us by EXXON/HESS

The Seabob-1 well encountered approximately 131 feet (40 meters) of high quality oil bearing sandstone reservoirs. The well was drilled in 4,660 feet (1,421 meters) of water by the Stena Carron and is located approximately 12 miles (19 kilometers) southeast of the Yellowtail Field.
 

The Kiru-Kiru-1 well encountered approximately 98 feet (30 meters) of high quality hydrocarbon bearing sandstone reservoirs. The well was drilled in 5,760 feet (1,756 meters) of water by the Stena DrillMAX and is located approximately 3 miles (5 kilometers) southeast of the Cataback-1 discovery. Drilling operations at Kiru-Kiru are ongoing.

<< Previous
Bullboard Posts
Next >>