CGX Energy Inc V.OYL

Neophyte

[SportyJ]

I read cgx p6 and ALL guy/suri discoveries are at a wd > 3000' with Exxon's up to 6000'. Kawa wd is 1200'. Would this not mean we would encounter the cam and san formations higher than apa/xom? Would think up dip is good unless you get pinched out. I know the cam&san were laid down way before the ocean floor but can't wrap my brain around the wd variances between kawa and the wd of known discoveries. Enjoy the board very much and thanks for indulging this neophyte.

[dragonfly454]

The Kawa-1 well is situated at the beginning of an upward slope Its a gentle gradient at this point with water depth initially almost as deep as Apache's Block58 in Suriname but sediments laid down from the Berbice Canyon in the Eocene-Paleocene period created additional overburden that basically offset the effect of the upward sloping in terms of sea floor to Turonian ..that basically

[Ebenizer3]

appreciate ur analysis on kawa seismic, but me thinks the drill bit will hav the final say, and hopefully the drill bit will pr shortly. Looking ahead to the next drill(wei1) which possible NW corner of the block close to the pluma discovery would be a better use of ur time and talents. And any thoughts on timing of announcement if the companian is say a success. Do they announce them individually

[dragonfly454]

Ebenizer The  Drill bit will always have the final say ...time and talents ..huh? same 24 hours and same data in the public domain ..so once more the little caveat..dont rely on me for investment advice just a perspective from a limited vanatge point ok. NW Corner?  ..lets go one step at a time I've derisked the chances of the Arianne 5 rocket with the James Webb telescope being

[Ebenizer3]

Thanks for the reply, I keep clicking on the Google translate on ur post but it keeps telling me re-routing, re-routing. very entertaining

[Dirksidetrack]

Basic set theory in math. Many elements, people on this board may be a superset made up of subsets of many individual people. That means that many different people can be one identity and that many different identities can be one person.So what do I do? Assume that they got Jennifer Budlong sorting out the earth science puzzle and Lacy, the best in the business to get us to TD then we got a

[Ebenizer3]

same answer as always: Float=low volume until a pr with meaning. Then this will be like a 3 stooges movie everyone either trying to get out or everyone trying to get in thru the same door. Place ur bets. Pull the lever.

[Devanand1]

Dirksidetrack, this is what keep me up at night. With all the glorious predictions, some of the best blocks in the basin and one of the best  team that can be assembled, then why is the Sp at this level  at this time. I simply do not understand it. I would have expected that the excitement leading up to the results will drive the SP up.