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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 > BGP Prospector in Suriname...
View:
Post by mark92 on Nov 11, 2021 11:28am

BGP Prospector in Suriname...

BGP Prospector worked for CGX in Demerara in 2014 & is a seismic vesel owned by BGP, a Chinese National Petroleum Corporation subsidiary.

"The consortium will be able to acquire, market, and license multi-client seismic programs in the shallow water acreage offshore Suriname, including fresh 3D collection and historic data reprocessing.

This 3D survey is adjacent to the prolific Block 58 where TotalEnergies and Apache have recently made several oil discoveries and will cover the up-dip portions of the same Upper Cretaceous channel systems proven successful recently."

Block 58 already 1,7 billion barrels?

https://www.oedigital.com/news/492025-3d-seismic-survey-kicks-off-offshore-suriname

Comment by mark92 on Nov 11, 2021 11:42am
For block 58 : "TotalEnergies and Qatar Petroleum were awarded blocks 6 and 8, which are adjacent to each other and lie immediately south of block 58, in which TotalEnergies and APA have discovered 1.7billion barrels of recoverable resources. Chevron was awarded Block 5. All three blocks lie in water depths between 30 and 65 meters and have a combined area of about 4,850 square kilometers ...more  
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