Post by
bazilfawlty on Jan 26, 2022 9:46am
OiL Leases
CGX JV with FEC
But who is the lease holder for the block?
CGX
NOT the PSC which lists I assume CGX/FEC
How will this affect the politics around any change in lease ownership legalities?
Requires Govt approvals ?
May not be just like that to own most of cgx...but not the leases.
GO CGX
Baz
https://www.kaieteurnewsonline.com/images/2017/09/companies.jpg
Comment by
bazilfawlty on Jan 26, 2022 9:54am
pictoral view https://www.worldoil.com/media/16703/wo0521-cool-fig-01.jpg
Comment by
bazilfawlty on Jan 26, 2022 9:56am
sorry last updated 2018....
Comment by
CLOUDER on Jan 26, 2022 10:45am
CGX owns the lease, FEC owns CGX , and FEC made assurances the well is fully funded ,no matter how much it costs, as per one of there last news releases. looking good today, sure didn`t take long for oil to rebound eh?