CGX Energy Inc V.OYL

Wei-1

[Harel1976]

I think different from all posters here, 71 feet in multiple secondary targets is not good and doesnt sound commercial at all.
So many red lights again and a weird time to release news with no point.
"Hydrocarbon signs in the primary targets", that is something i dont like to read on NR's.
Im afraid its going to be another kawa where the surgery was a success but the patient died.. 
Hope im wrong...

At times like this be extra carefull no to believe any bs the companies release...

A hardly commercial project is not something fec will advance and with 200m$ cost for exploration well no one will jv and cgx will get eaten by fec, cgx needs a big commercial discovery only, anything else is very very bad.

[pdevries]

On top of that, CGXEF has run out of money.  It lacks the funds to pay for the cost overruns on Wei-1.

[jtdd]

71 feet is not the main target! Nice try!

[Harel1976]

No need to take things personally, we are just sharing opinions here..  24 meters at multiple secondary layers combind is not commercial for sure, that could be a bonus if the santonians deliver a big commercial discovery.  But if the santonians will show hydrocarbon signs that confirm, as they say, their geological analysis of the block, thats another word for a duster and the well will

[jtdd]

Why would they have been testing a well they thought was a duster? Ignorant!

[fishfanactic]

You are a xucking idiot