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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 SheDrillson Dec 14, 2023 4:07pm
191 Views
Post# 35785406

RE:What happened to Kevin Lacey?

RE:What happened to Kevin Lacey?Kevin Lacey is (was?) the drilling manager.  Unless they are planning to operate another well, there is no reason for him to be planning one.

I would assume Kevin is no longer on the payroll because I can't see CGX Energy being an operator on another well.  I haven't been able to confirm this but he's 65-66 years old and has his own drilling consulting company outside of CGX which is likely a bigger focus for him given the donkey show occuring w/ CGX & Frontera leadership decisions.
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