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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

CGX Energy Inc > What is FEC doing?!
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Post by waitingstill on Nov 10, 2023 11:54am

What is FEC doing?!

How are we trading at 50c AFTER 2 discoveries by their own words? And a "stand alone" project by their own words? How many hundreds of millions of barrels are required for a stand alone project? I would bet 2 to 3 hundred. How can they state a stand alone project potential in a NR without some idea of how many barrels there are? That has to be in RE. Why are they not releasing it?! This is what we need to know. Obviously this is material to cgx. Our SP is lower than when we started drilling after two discoveries. Let them know we want numbers!
Comment by ohcanada17 on Nov 10, 2023 11:58am
I am emailing both Frontera and cgx as we speak... If everyone can try to do so as well
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