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.

TSXV:OYL - Post by User

CGX Energy Inc > Gulf of Mexico permeability

<< Previous

Bullboard Posts

Next >>

Comment by SheDrillson Nov 15, 2023 8:09pm

188 Views

Post# 35738158

RE:RE:RE:Gulf of Mexico permeability

Lack of data from Kawa is likely why no farmdown occurred after Kawa.

Trust me, no company wants to reduce a reported pay zone from 210 to 40 ft....but they did....and no amount of chatter on these boards will get them to change it a second time.

Im just reading the tea leaves and adjusting my expectations accordingly.

<< Previous

Bullboard Posts

Next >>

Two micro-cap stocks with strong fundamentals