CGX Energy Inc V.OYL

Kawa Geology

[Dirksidetrack]

I've been reading past CGX MD&As trying to get clues on the geological prognosis at Kawa. The following from Dec. 30, 2020 MD&A says that Exxon hits at Pluma, Haimara, Tilapia, Yellowtail, Tripletail, Mako, Uaru and Redtail are all within 2 to 10 miles from Kawa and the Apache hits in Block 58 are 7 to 20 miles. The info also says that the reservoir is stratigraphic which reduces the source and migration risk at Corentyne. Any geologists out there who can elaborate on the following cut and paste from the MD&A? I also found highly detailed geological info on Liza that I'll post next above this post. Maybe it also is the same stratigraphic trap and might be relevant? Here's the MD&A info: CRI has completed a preliminary evaluation of the recently processed 3D seismic data and has identified two highly prospective large channel/fan complexes. These complexes are located in the northern region of the Corentyne Block and interpreted to contain multiple high potential prospects. These prospects are in close proximity to the Stabroek Block, offshore Guyana and Block 58, offshore Suriname. Exxon and partners have announced discoveries in the Stabroek block, including Pluma, Haimara, Tilapia, Yellowtail, Tripletail, Mako, Uaru, and Redtail, all between 2 and 10 miles from the North Corentyne prospects. In Block 58, Apache and partners have announced the Maka Central, Kwaskwasi, Sapakara West and Keskesi East discoveries which lie 7 to 20 miles from the border of the northern region of the Corentyne Block. The prospects mapped in the Northern Corentyne Block are interpreted to be at the same geological interval as the nearby significant discoveries already proven in the Stabroek Block and Block 58. The discoveries in Stabroek and Block 58 are largely stratigraphic, and the same holds true for the Corentyne prospects. These prospects also share the same proven, hydrocarbon source kitchen as recent discoveries, greatly reducing the source and migration risk into Northern Corentyne. The prospects in Northern Corentyne have been mapped across the Upper Cretaceous, Santonian, and Miocene intervals. Work is ongoing to rank these prospects and to further reduce geological risk when possible. These prospects are located in 500 to 3,600 feet of water and at drilling depths of 11,000 to 21,700 feet True Vertical Depth Subsea (TVDSS). The current high-graded prospect identified in the northern region of the Corentyne Block, Kawa, has been named after the iconic Kawa Mountain which overlooks the village of Paramakatoi in the Pakaraima Mountains of Guyana. The primary target is a Santonian age, stratigraphic trap, interpreted to be analogous to the discoveries immediately to the east on Block 58 in Suriname. The Kawa-1 well is anticipated to be drilled to a total depth of approximately 6,500 meters (m) in a water depth of approximately 370 m. Numerous additional prospects on the northern portion of Corentyne have been identified and are being matured by the Company.

[whyworry]

This link was on Sticktwits a while ago.  Good presentaion by JHI associates.   https://youtu.be/9ui1iTBvPrI

[Dirksidetrack]

Well worth watching. Thanks whyworry! The more geological info the better. No doubt CGX has their prognosed lithology. They will have established their geological "markers". The mud loggers and geologists will be analyzing bottoms-up samples and logs to find their markers. If actual lithology matches prognosed lithology pretty closely then they'll know that they have interpreted