BGX Black Gold Exploration Ord Shs (CSE:BGX) CEO Francisco Gulisano provides an overview of the company in an interview with Proactive's Stephen Gunnion.
Black Gold Exploration is involved in the exploration of natural resources, primarily in Argentina and other American countries. Currently, it is focused on the El Carmen hydrocarbon project along the northern margin of the San Jorge Cretaceous age sedimentary basin, where it aims to certify resources.
Gulisano highlighted the company's plans for seismic and drilling operations, mentioning its efforts to manage environmental impact.
Additionally, the company is pursuing new projects in Argentina, where the government is supportive of foreign investment and offers tax benefits for exploration activities. The new president's pro-investment stance is seen as a positive development for the company. Gulisano mentioned the environmental and engineering agreements in place with the government to facilitate their operations.
Regarding the El Carmen basin, Gulisano noted the presence of natural gas and the potential for oil resources, emphasizing ongoing exploration efforts. He mentioned the commencement of environmental jobs and surveys in the area and promised updates on their progress.
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