Bullboard - Stock Discussion Forum CGX Energy Inc V.OYL

Alternate Symbol(s): CGXEF

Energy Oil & Gas E&P

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

Add To Watchlist

TSXV:OYL - Post Discussion

CGX Energy Inc > Christmas

View:

Post by ThosAquinas on Jan 25, 2022 3:00pm

Christmas

Questions

Someone here said it is unlikely that an exploration well would be used for production.
I'm curious if it our well could be used to produce?
In general terms, what is the difference between an exploration well and a production well?

If confirmed, would the installation of a christmas tree tell us anything?

https://www.investopedia.com/terms/c/christmas-tree-oil-and-gas.asp

211

Comment

Comment by tiger77 on Jan 25, 2022 3:33pm

Are you confirming that there is a Christmas tree affixed to the wellhead?

152

Comment

Comment by ThosAquinas on Jan 25, 2022 4:08pm

"Are you confirming that there is a Christmas tree affixed to the wellhead?" No. I'm sitting in a snow drift thinking about christmas trees and wondering if the installation of a christmas tree means anything at all in the context of an exploration well.

213

Comment

CGX Energy Inc