CGX & INPEX
I originally posted this comment on the 24 April, 2012.
"As I stated months ago, OYL will have a joint venture partner and that will be INPEX!!!!
There is no doubt in my mind that Inpex struck oil and are not disclosing it until they get their internal problems sorted out with Suraname. Even the CGX website lists the well as oil find but "plugged and abandoned". This could cover a multitude of syns, but the bottom line is; was that discovery of commercial quality?
I think so and I also expect Impex to be CGX's next partner!
Anybody out there agree, disagree or just don't care!"
We are all just guessing but I still feel that this is the favoured scenario for CGX!
Good luck to all the longs and P on the flippers!