Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Types of wells
View:
Post by whyworry on Mar 06, 2022 1:38pm

Types of wells


Well definitions:

Source: Regulations relating to resource management in the petroleum activities (the Resource Management Regulations).

Appraisal well: exploration well drilled to establish the extent and size of a petroleum deposit that has already been discovered by a wildcat well.

Development well: a generic term for wells used for production of petroleum, production wells, injection wells and observation wells, and possible combinations thereof. 

Exploration well: a well drilled in order to establish the existence of a possible petroleum deposit or to acquire information in order to delimit an established deposit. Exploration well is a generic term for wildcat and appraisal wells.

Injection well: a development well or test development well used for injection of gas, water or other medium.

https://www.npd.no/en/facts/wells/well-definitions/

Comment by dragonfly454 on Mar 06, 2022 2:42pm
Ok Mates ..so we got three stacked targets ..and three wells..in one..a wildcat/exploratory/appraisal well ...averages to 50 million each ...ok I will come back in with a few and hold until spring once I get a good dip ...nothing is easy...guess it wasn't a gusher...coffee table ,counter top,laundry basket,garbage bin...what's that receptacle next to the shower stall called ...?hoping we ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities