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Bullboard - Stock Discussion Forum 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... see more

TSXV:OYL - Post Discussion

CGX Energy Inc > No one's brought this up yet: lost injury time
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Post by Rapsani on Dec 16, 2021 1:21pm

No one's brought this up yet: lost injury time

The release states: "The Joint Venture is pleased to report that drilling operations have recorded only a single lost time injury since August."

What does a lost time injury mean?  Paper cut and stopped 5 minutes to put a band aid on lost a hand and drilling stopped for a week while it was investigated?

My thinking is if it was significant that could explain some of the delay.   Hope our rig/oil experts could shed more througts.
Comment by RHertig on Dec 16, 2021 1:50pm
It's a simple reporting term on someone getting hurt. Lost time injury is exactly like it sounds. If you get hurt and miss a day or more of work it is a lost time injury. It could be anywhere from a burn to material getting in someones eye and scratching it. 
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