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 westcanprideon Nov 15, 2023 8:28pm

160 Views

Post# 35738188

RE:RE:RE:RE:Gulf of Mexico permeability

That's totally fair... and I get it the tool failed over the Santonian and they decided not to wait and spend the extra millions so they could try again. Saying that, that decision to not get the MDT data in the Santonian in Wei is proving to be a multi billion dollar screw up.

<< Previous

Bullboard Posts

Next >>

The top TSX healthcare stocks under $1