Investor Presentaiton
CGX Energy Offshore Activity Map
-
Exploration Activity Adjacent to Northern Region Corentyne
•
cgx
energy inc
Northern Region Corentyne is surrounded by recent discoveries in several Cretaceous
SEABOB (2022):
• 40 meters of reservoir
⚫ Campanian
FANGTOOTH (December 2022):
• WD 6,029 ft
⚫L.Campanian/Santonian-
Exxon's first dedicated deep test
• 164 ft oil-bearing reservoir
BARRELEYE (April 2022):
• WD 3840 ft
230 ft pay (52 ft oil)
L. Campanian/Santonian
Targets and "additional
shallower and deeper" targets
LUKANANI (April 2022):
WD 4048 ft
115 ft pay (76 ft oil)
Maastrichtian/L. Campanian
targets
LAU LAU (January 2022):
• WD 4,792 ft
• 315 ft "hydrocarbon-bearing"
reservoir
KIRU KIRU (2022):
• 30 meters of reservoir
• Campanian and
Santonian
PLUMA (December 2018): SAILFIN (October 2022):
• TD 16,443 ft (WD 3,339 ft)
Maastrichtian/U.Campanian
Berbice
Canyon
.
(WD 4,616 ft)
• 312 ft hydrocarbon bearing
sandstone reservoirs
WEL
AWA
.
HAIMARA (February 2019):
TD 18,286 ft (WD 4,589 ft)
Maastrichtian/U.Campanian
• 207' gas condensate pay
Suriname
MAKA CENTRAL (January 2020)
⚫TD 18,900 ft (WD 3,281 ft)
Campanian 164 ft oil and gas
condensate pay (40-60 API)
• Santonian 239 ft oil pay (35-45 API)
KWASKWASI (July 2020)
• TD 21,804 ft (WD 3,281 ft)
Campanian 207 ft oil pay & 282 ft
oil/gas condensate (34-43 API)
• Santonian 423 ft oil pay
SAPAKARA (April 2020)
TD 20,700 ft (WD 3,281 ft)
Campanian 42 ft net condensate
pay & 98 ft net oil pay (35-40 API)
Santonian 118 ft oil pay (40-45 API)
Being presented
KESKESI (January 2021)
.
TD 22,900 ft (WD 2,379 ft)
Campanian 190 ft condensate and
oil pay (27-28 API)
Santonian 16 ft oil pay (35-37 API)
Aptian-Neocomian "very rich HC
pay in high quality reservoir"
Being appraised
KRABDAGU (2022):
• 295 ft net oil pay
• Maastrichtian and Campanian
KAWA (January 2022)
TD 21,578 ft (WD 1174 ft)
Maastrichtian 68 ft condensate
pay
Campanian 66 ft condensate pay
Santonian 76 ft oil pay
Coniacian 18 ft oil pay
All well info from operator press
releases and investor
conferences
•
CGX's northern region of Corentyne block on trend with the "Golden Lane" discoveries on Stabroek block (11+ Bboe)
• Northern region of Corentyne on trend with Campanian/ Santonian discoveries of Block 58 in Suriname (1.7+ Bboe)
• On trend with developing Lower Campanian-Santonian exploration play up-dip of Golden Lane in Stabroek block
(Fangtooth, Lukanani, Barreleye, Kiru Kiru)
• Kawa-1 results are consistent with discovery wells reported by other operators surrounding the northern region of the
Corentyne block
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