About
CGX is a Canadian exploration company exploring for oil and gas in the Guyana Suriname Basin, a basin that is ranked 2nd for prospectivity in the world by the United States Geological Survey and is estimated to have 13.6 billion barrels of oil and 32 trillion cubic feet of gas. The Company is pursuing the Equatorial Atlantic Margin Play analogous to West Africa and Brazil and is fully funded for two offshore wells that will test multi-billion barrel potential in this basin that has a proven hydrocarbon system with highly prospective deep water plays in shallow water. CGX’s is surrounded by major oil companies – Anadarko, Apache, Exxon, Inpex, Kosmos, Murphy, Repsol, Shell, Statoil, Total, Tullow and YPF.
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