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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. The Company is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in the Berbice, Guyana. The Company holds interests in three petrol prospecting licenses, such as Corentyne, Berbice, and Demerara Blocks in the Guyana Basin. The Company has drilled two operated exploration...
wells on its offshore Corentyne Block and drilled three more exploration wells on its onshore Berbice Block. In addition, it has acquired and processed over 7,000 square kilometers of three-dimensional (3D) seismic data on its offshore licenses. The Company through its wholly owned subsidiary, Grand Canal Industrial Estates Inc. The Company is engaged in the development of the Berbice Deep Water Port in Region 6, Guyana. Its other subsidiaries include CGX Resources Inc., ON Energy Inc., and others.
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Bullboard (TSXV:OYL)
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(526)
•••
Kelvin
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Comment by
Kelvin
on Mar 16, 2024 6:07pm
RE:RE:RE:RE:RE:RE:197ft at Bluefin
Yeah Sporty, I too am a generalist. I rely on my expert friends who say that you can't open hole test an HTHP well because the packers will not set well enough against rock walls faces to isolate
...more
(189)
•••
SportyJ
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Comment by
SportyJ
on Mar 16, 2024 5:37pm
RE:RE:RE:RE:RE:197ft at Bluefin
Dirk, I'm an oil & gas generalist. Meaning I know a little bit about a lot and a lot about a little. While this may mean nothing to most here you can DST in open hole while drilling. Thereby
...more
Coelacanth Announces 2023 Year-End Reserves
posted Apr 19, 2024 9:00am by
Coelacanth Energy Inc.
-
|
During 2023, Coelacanth completed successful Montney pad wells at both Two Rivers West and Two Rivers East. Longer wells and a new completion design was successfully executed on both pads resulting in materially improved productivity. Baseline productivity was established in the Upper Montney at Two Rivers West and the Lower and Basal Montney at Two Rivers East for future adjustments to completions and well designs ...read more
(238)
•••
Zibo510
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Comment by
Zibo510
on Mar 16, 2024 5:26pm
RE:RE:RE:RE:197ft at Bluefin
I don't and never said I did know, because Exxon stated they are not releasing well data information. But from following many oil plays a drill stem test has always been part of the initial
...more
(526)
•••
Kelvin
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Comment by
Kelvin
on Mar 16, 2024 4:31pm
RE:RE:RE:RE:197ft at Bluefin
Sporty, I'd love to get my hands on some DST data for Bluefin but I doubt that they DST'd the well. Usually after a DST the operator will report flowrates on various choke sizes and shut-in
...more
(189)
•••
SportyJ
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Comment by
SportyJ
on Mar 16, 2024 3:46pm
RE:RE:RE:197ft at Bluefin
Zibo510, I'm pretty sure you don't know what a "DST and flow test" even means in context of drilling, testing, completing and producing an oil & gas well. But if you have hard
...more
(221)
•••
taal
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Post by
taal
on Mar 16, 2024 3:31pm
Let's hope
https://vm.tiktok.com/ZMMkkP5kv/
(238)
•••
Zibo510
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Comment by
Zibo510
on Mar 16, 2024 2:10pm
RE:RE:197ft at Bluefin
I am pretty sure that Exxon did a DST and flow test prior to releasing the results and have appraisal well activity planned. That's the big difference between CGX wells which haven't
...more
(699)
•••
Frank007
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Post by
Frank007
on Mar 16, 2024 1:58pm
What’s amazing to me ..
With so many investors knowing what's here and has been proven ....this s5ock is still at ....what .....$.40 cents ....just on paper if the corentyne block is sold has a value per share to cgx of
...more
(144)
•••
Devanand1
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Post by
Devanand1
on Mar 16, 2024 6:49am
ExxonMobil finds more oil in Stabroek Block
Govt reaffirms pledge to manage oil resources for upliftment of citizens The Stena Drillmax drillship has found oil at the Bluefin well in the Stabroek Block United States oil major ExxonMobil
...more
(12)
•••
ohu812
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Comment by
ohu812
on Mar 15, 2024 4:11pm
RE:RE:197ft at Bluefin
Hey, does that mean that all the long time investors are not as stupid as everyone thinks or sometimes even how we feel? My wife laughs at me and says slow and steady wins the race and her portfolio
...more
(582)
•••
westcanpride
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Comment by
westcanpride
on Mar 15, 2024 4:08pm
RE:RE:197ft at Bluefin
https://petroleum.gov.gy/well-activities good link showing all wells in the region. Almost 200ft of hydrocarbon sandstone literally a couple miles away from the border. Exxon and whoever
...more
(323)
•••
waitingstill
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Comment by
waitingstill
on Mar 15, 2024 3:45pm
RE:197ft at Bluefin
Massive find at Bluefin! Nice. Remember that Bluefin is on our Central target so that is effectively our third successful hole! Man, it would be so bizarre if these guys can't get something good
...more
(101)
•••
Schreibzey
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Post by
Schreibzey
on Mar 15, 2024 1:37pm
197ft at Bluefin
https://newsroom.gy/2024/03/15/exxonmobil-announces-first-discovery-for-2024-at-bluefin/
(526)
•••
Kelvin
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Comment by
Kelvin
on Mar 15, 2024 12:41pm
RE:RE:RE:RE:RE:RE:RE:RE:Harel1976
Wcp, I 100% agree with all that you wrote. Side note on Colombia. The steep discount on operators there is because of President Petro's oil royalty tax grabbing and anti- hydrocarbon policies. The
...more
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