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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 > The neighbors have oil (appraisal)
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Post by oldcompanyman on Oct 27, 2021 3:05pm

The neighbors have oil (appraisal)

Folks,

The neighbors are apparently burning a large fire right now (I had stated that most exploration wells are not tested nowadays but obviously appraisal wells need to be tested).

That the fire on the burner booms is seen to be large means that the flowrate of hydrocarbons is good, no further information available at this time but it looks like their "similar" reservoir to ours delivers pretty decently.

GLTA,
Comment by Goldrush97 on Oct 27, 2021 4:56pm
I am guessing this is block 58.
Comment by oldcompanyman on Oct 27, 2021 8:03pm
Hi Goldrush97, You guess is correct...:)
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