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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

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.


TSXV:OYL - Post by User

Comment by Kelvinon Feb 02, 2023 1:55pm
148 Views
Post# 35262849

RE:RE:RE:RE:RE:Unexercised Options

RE:RE:RE:RE:RE:Unexercised OptionsAh c'mon wcp. We're all opportunists at heart. So what if de Alba is better than most at it. Are his interests aligned with yours or not? Stark has been arguing that they are. 

I don't understand what you think that he needs to do in order to convince you. From the long's point of view CGX would have died after the Eagle-1 and Jaguar train wreck. Pacific Rubiales, now Frontera with 36% ownership of Catalyst Capital saved their a$$ and hired the best drilling and earth scientist people around to drill Kawa and Wei.

Check out Suresh's and Kevin Lacey's bios on google. Suresh, not much is found. But Lacey, an extremely talented, yet humble, grateful man who earned a petroleum engineering degree from the University of Tulsa funded by an endowment funded scholarship. 

In gratitude, giving back more than he got, he funded his own endowment, not in his name, but in his parent's name to help under priveleged kids with scholarships. It's all on google. Maybe he hopes that his final play in the oil patch will honor his parents for a long time. 

Anyway, this looks pretty solid to me when people of Lacey's calibur put skin into the game. He was hired by a company to drill a couple of wells that only majors have the skill sets to drill and he is doing it. 

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