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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 > HIAMARA 2
View:
Post by firo1988gt on Sep 19, 2023 10:33am

HIAMARA 2

I see they spud Sept 11th and expect to be completed Sept 30th. Can they drill this well in 19 days??? Also the Haimara 1 well had a lot of gas. Since it is close to Wei should we also be expecting a lot of gas? If so is this good or bad? FIERO GLTA
Comment by SheDrills on Sep 19, 2023 10:35am
No, it will takes months to drill the well.
Comment by SheDrills on Sep 19, 2023 10:38am
Remember that Haimara-1 was shallow and found gas. The JV was pleasantly surprised when Wei-1 found oil shallow.  I'm asking around trying to find out if Haimara-2 will test the Santonian.  Irregardless, XOM returning to this area to appraise is very bullish for neighboring discoveries.
Comment by SportyJ on Sep 19, 2023 10:55am
SD, exactly. Pluma & Haimara were both maas/camp.  Cgx has stated Kawa maas/camp was gas condensate.  Kawa Sant was light oil. Wei Mass/camp was light oil and we wait on Stant lab results.  It will be interesting to see if Exxon offsets us down to the Santonian with Haimara 2 and Bluefin-1. I've always believed we have something in N Corentyne.  We think we know what ...more  
Comment by firo1988gt on Sep 19, 2023 12:03pm
The reason I asked about 19 days is because of the time line in the maritine report. No. 130 (2023) Guyana OFFSHORE GUYANA On September 11, 2023 Esso Exploration & Production Guyana Ltd (EEPGL) will continue exploration drilling operations at Haimara_2 Well Site within the Stabroek Block of Guyana’s Exclusive Economic Zone. MODU Stena DrillMax will be ...more  
Comment by Kelvin on Sep 19, 2023 1:02pm
Sporty, I bet that you understand the Navier-Stokes equations. Yeah I agree! Looks like they got something big. What's up with the sp though? It's down.
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