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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 Kelvinon Oct 11, 2023 12:23pm
260 Views
Post# 35678895

It's all about time

It's all about timeI think that it's getting near time for me to finally jump back in. Not because of what is happening but rather what is not happening. But my analysis assumes that negociations to at least work collaboratively and share info have been going on. Some analysis just takes time. I'm guessing that it has something to do with heat flux through the Canje source kitchen. Do the optimum conditions exist over large areas in Corentyne like they do in Stabroek? It's all about time. 
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