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Bullboard - Stock Discussion Forum 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... see more

TSXV:OYL - Post Discussion

CGX Energy Inc > Unconformity in The Santonian
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Post by dragonfly454 on Oct 12, 2021 11:35am

Unconformity in The Santonian

Ok looking at the Seismic image at 

https://cgxenergy.com/wp-content/uploads/2020/11/CGX-Energy-Inc_Corporate-Presentation-04-November-2020.pdf

slides 16, 17, and 18.

What we see is the
yellow streak at about 4800 meters running from a downdip point of about 5300 meters this is within the Santonian.

Above the yellow streak is a
Green trace about 100 -120 meters which is labelled the Santonian Unconformity with is most likely erosional with a layer of material that would be considered as providing the seal for whatever is the contents of the bright spot,so the Santonian Unconformity creates the condition for the accumalation within the same santonian zone there as shown by the bright spot and it is repeated at the lower level creating the third zone of interest where the blue line below the word "Kawa" is the Turonian unconformity and the Red and Yellow zone is another target then a blue zone again followed by more red and yellow all leading updip in what can be seen as a classic stratigraphic trap pinching out ..IMO the labelling is not the best ...maybe it wasn"t meant to be ...Im reading the green line and the blue lines as unconformities that create sealing in the Santonian and lower deposits with the bright spots being pay.

just my two cents or dollar and 25 cents 


Comment by Dirksidetrack on Oct 12, 2021 12:17pm
Sandstone is sandstone regardless of when it was deposited. What dragonfly is pointing out that the time when that area was a beach is not relevant. Does that ancient beach sand form a reservoir with a seal above it to trap the oil that got squished out of the Canje source kitchen where the hydrocarbons initially got cooked in. The Canje source kitchen underlies that entire basin.It cooked up ...more  
Comment by dragonfly454 on Oct 12, 2021 1:30pm
@ Dirk the bright spots are the change in relative amplitude from one layer to the next so just say your moving at 10 and suddenly jump to 20 u have a bright spot then you move to 25 you have a bright spot but not as bright or contrasting as the jump from 10 to 20 ..as it goes deeper amplitude changes in a smooth transition linear relationship due to compaction causing increased density now if ...more  
Comment by Sparky5968 on Oct 12, 2021 2:04pm
Sorry dragonfly454, I was composing my explanation while you were posting yours.
Comment by Splinnter on Oct 12, 2021 2:20pm
Very informative guys! Especially for non SME's like me, it is to a certain extent promising content. The Suriname trending bodes well for Kawa.  Hopefully more news soon! 
Comment by Sparky5968 on Oct 12, 2021 1:50pm
Without getting into too much detail hopefully this will shed some light on the subject... Refer to this: seismic waves positive amplitude - Bing images. The red and blue lines are negative and positive values of the seismic waveform produced by sound reflecting off a geological boundary where the density of the material above the boundary differs from the density of the material below the ...more  
Comment by Sparky5968 on Oct 12, 2021 1:57pm
Here's another reference: Amplitude (seismic) - AAPG Wiki
Comment by Dirksidetrack on Oct 12, 2021 2:03pm
Problem is that the time for modelling is over. What does reality show? Got these red line, bright spot etc experts that assign probabilities to a commercial find. This stock will only move on a find at this point in my opinion.
Comment by dragonfly454 on Jan 10, 2022 9:19pm
That's where we at now .. cracking through the last of that unconformity ..have about a week to go on drilling then some testing etc etc..looking good with about less than 100 meters to drill ..
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