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 > Exploration results show emergence of deeper plays in Guyana
View:
Post by mark92 on Nov 22, 2022 6:06am

Exploration results show emergence of deeper plays in Guyana

"

Westmount said one only ought to pay attention to the deeper Santonian pools in Suriname’s Block 58; the deeper hydrocarbons reported at Liza-3, Tripletail-1, Yellowtail-2, Uaru-2, Turbot-2, Longtail-3, Hassa-1 and Fangtooth-1 on the Stabroek Block; together with the hydrocarbon shows reported at Sapote-1 on the Canje Block.

The UK firm said too that the logged net pay in the Santonian-Coniacian intervals at Kawa-1 on the Corentyne Block, all suggest that there is a deeper play waiting to be unlocked.

Westmount further said oil pay has recently been reported from the Zanderij-1 well in Suriname’s Block 42 where the operator, Shell, was targeting the Santonian and deeper intervals, with well results currently under evaluation.

Westmount said additional deep drilling with multiple targets is scheduled from the fourth quarter 2022 at Wei-1 in Guyana’s Corentyne Block which is operated by Canadian exploration duo, Frontera Energy Corporation and CGX, and at Awari-1 in Block 58 which is operated by TotalEnergies. The Stabroek Block will also see deeper tests at Fangtooth SE-1Fish-1 and Lancetfish-1."

https://oilnow.gy/featured/exploration-results-show-emergence-of-deeper-plays-in-guyana-suriname-basin-westmount-energy/

Comment by jtdd on Nov 22, 2022 9:14am
Anyone know where the Awari-1 well is located in Total's Block 58?
Comment by zerbo on Nov 22, 2022 11:05am
Comment by jtdd on Nov 22, 2022 11:32am
Thx Z!
Comment by Toucan1234 on Nov 23, 2022 4:40pm
So, Wei-1 may find multiple levels of commercial hydrocarbons. Frontera bet the farm on it. Wei -1 will be one of several wells planned?
Comment by yureja28 on Nov 25, 2022 10:00am
This post has been removed in accordance with Community Policy
Comment by yureja42 on Nov 27, 2022 1:45pm
This post has been removed in accordance with Community Policy
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