CGX Energy Inc V.OYL

WTF

[down_inGT]

https://oilnow.gy/featured/with-days-left-cgx-on-course-to-lose-its-third-guyana-block/

[westcanpride]

Sadly, no matter how much negativity is spewed towards CGX from local media, international media or online message boards, the folks running the show clearly couldn't care less. As long as the monthly cheques keep rolling in, everything is good... and once the money runs out, they will just sell off more Corentyne WI to FEC to allow for the grift to continue. Sickening.  FEC employees

[Harel1976]

Its all out for months, that sums everything i kept reminding you about corentyne, the port and the 16m$ debt which they hide in their fillings, crooks!!!

[Frank007]

Do any of you actually believe .....that after cgx saved the border dispute with Surinam .....the border is called the cgx line ...and a $7,000,000 donation during Covid to the pov,t ...no string attached ...   an 700 million invested in this area over 20 years ...do you actually think they will walk away from the corentyene block or the port project ....you must  have your head in the

[IceDog13]

Walk away from... no. Forced out of as block gets relinquished do to lack of progress and the port is taken for continuous missed deadlines and no money to complete it... YES!

[Frank007]

Get your head out of you ... you know what ....this has been a ploy to shake you out ....Frontera could fund the entire project out of cash flow ....a stad alone platform will be used ...not a fpso ....platforms are all over the gulf for  next to free just for the moving ...this is why I stay invested here ...De Aalb and his buddies in Florida can fund the project out of petty cash

[Harel1976]

Frank, from a very experienced oil investor, dont quit your day job!!!

[Frank007]

You have not done your home work ...you keep announcing the $16 million .from the demerra seismic....yes they lost that case but the adjustment to the payment is set in stone at  6.2% ....so what ....you try and get a 16 million loan for 6.2% ...lol ....

[Frank007]

This is my day job ...lol ...made $1800 so far on Baytex this morning ...$1400 on Tve ...$8,000 on frontera ...how did you make out ..dumbly