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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 > Any update on activity around the Rig?
View:
Post by lexxus296111111 on Jan 30, 2022 9:52pm

Any update on activity around the Rig?

Thanks
Comment by tiger77 on Jan 31, 2022 7:13am
Nope, still at anchor and supported by Breaux, Polaris, and Enav.  Pacific Dutchess (anchor handling vessel) is gone so they are still drilling ahead clearly. Patience is needed but I wouldn't want to be on the sidelines at this point.  Look at Apache for reference.  Halted for news on a JV, week later released huge results and the SP doubled to $30.  While I don't ...more  
Comment by CLOUDER on Jan 31, 2022 8:34am
wow  tiger,  a hole $5  a share.  maybe with a SMALL  discovery like 100  million  barrels,  but  you do know that they are  targeting  BILLION  barrel  targets  don`t you?   need to update your  #`s  a bit man or you have waited  this long for really  not much.   oil run  i think was ...more  
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