CGX Energy Inc V.OYL

On Page 10 of 19 of last Presentation

[dragonfly454]

We see the channel cut into the Santonian being described as decapacitating the feeder...looking at the siesmic graphic there most of the accumulation is NW of the channel ..but the best line up to get vertical penetration of stacked targets is not in the NW but SE of the channel at Kawa ..more shoreward..an oil strike at Kawa would necessitate an appraisal well North of the Channel cut where more deposits lie staggered not stacked ..my opinion..there is x amout more risk drilling where the formation dips down under pressure from the Eocene Paleocene overburden..but the siesmic looks ok

[Dirksidetrack]

Which would mean that high angle directional wells would have to be drilled? Explains the longer time length to drill. Not a straight down shot where you can put more weight and RPM on bit.Or for you engineering types they can deliver more horsepower to the bit on vertical wells since horsepower is a function of torque x RPM. So that's probably what's taking so much time here. They're