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Bullboard - Stock Discussion Forum
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.
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TSXV:OYL - Post Discussion
CGX Energy Inc
> On Location
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•••
ljmorin
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Post by
ljmorin
on Aug 16, 2021 6:35pm
On Location
I understand the Rig is on location.
(10)
•••
Windyhill
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Comment by
Windyhill
on Aug 16, 2021 7:14pm
ljmorin you are correct. Mersk Discoverer has arrived on location. Perhaps a couple of day to anchor and prepare to Spud. Waiting on support supply ships maybe? one quick question for the board here. Not much information has been released from Total and Apache on the location & coordinates of the Sapakara south well where they struck oil again. It would be interesting to see the
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