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Bullboard - Stock Discussion Forum
CGX Energy Inc
V.OYL
Alternate Symbol(s):
CGXEF
Energy
Oil & Gas E&P
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...
Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.
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TSXV:OYL - Post Discussion
CGX Energy Inc
> Kaieture block ….lol. Farm in …lol
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Frank007
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Post by
Frank007
on Jan 06, 2024 12:57pm
Kaieture block ….lol. Farm in …lol
Exxon and Hess dumped the area ...dry holes ...not with ka ka ....
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Harel1976
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Comment by
Harel1976
on Jan 06, 2024 1:30pm
No dry holes, only one well was drilled- tanager, and in that well a matrichian discovery was made and a much better outcome that was expected in that layer, they were expecting a 20m boe and encountered 65m boe, Eliot investments invested 30m$ in kataleya right after results and hess bought another 5% from kataleya. Mega matrichian prospects right next to tanager were updated by a new promising
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