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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. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore... see more

TSXV:OYL - Post Discussion

View:
Post by SportyJ on Dec 18, 2021 11:37am

WS

My guess is a JV with Cvx/Shell. Hadn't heard the name Shell mentioned before. No wait, didn't you and I discuss Shell on this board on Nov 23rd? Yes we sure did!
Comment by Rapsani on Dec 18, 2021 11:53am
What sort of % would you guess at? Any farm in has a twist - would Frontera permit someone having more then a 33% interest? I don't know.     For all we know we could have had great offers but Frontera turned them down.. not for the $, but for the control aspect.
Comment by Harel1976 on Dec 18, 2021 12:21pm
What is this discussion good for, you have a binary event in a month, no jv is expected till then, if its good it will be relevant but if not then no f.o, same thing like discussing what youll do with your profits, first earn the money, then spend it. To many unexperienced investors here putting their money on the line based on bb's gurus, some are great researchers but research is just 1 ...more  
Comment by SportyJ on Dec 18, 2021 12:51pm
Rapsani, no clue on trade details just that a trade has to happen. SD has made some posts on what trade terms might look like. What I find interesting is that the hottest play on the planet includes cvx, exxon, hess, apa, total, repsol, tullow. Shell is late to the party but isn't gonna be left out. As I posted on Nov 23, shell "let" Cgx have maersk discoverer to drill kawa...why? I ...more  
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