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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

Bullboard (TSXV:OYL)

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Comment by Kelvinon Aug 26, 2024 11:26am

RE:RE:RE:Subsea Tiebacks

I guess that some can tell that I'm a little peeved. All of these companies with zero operating activities in Canada or the US listing their shares on Canadian and American exchanges to access the ...more  
Comment by Kelvinon Aug 26, 2024 10:45am

RE:RE:Subsea Tiebacks

It's why Venezuela is going to lose their Citgo refinery in Lake Charles, Louisiana this October to creditors who were wronged by arbitrary banana republic style changes in regulation. Why XOM ...more  
Comment by SheDrillson Aug 26, 2024 10:12am

RE:Subsea Tiebacks

We don't need to guess what XOM and TTE are doing because they have told us. They look for a larger deposit surrounded by additional deposits w/in tieback distance to support extremely large hub ...more  
Comment by Harel1976on Aug 26, 2024 6:38am

RE:So are we dead?

What is so hard to understand??????? Both wells failed!!!!!! When you have a discovery you know how many recoverables you have, its a dead man walking!!! 
Post by Coloradobuffon Aug 25, 2024 7:56pm

So are we dead?

I still don't get that they hit oil/gas twice and they can't get a deal?!?!
Comment by Harel1976on Aug 25, 2024 3:48pm

RE:RE:Subsea Tiebacks

Energian developed this projects to begin with as a 8 bcm fpso for a 4-5 bcm production rate from 2 fields, to tie in future discoveries in the area from other licences they had. But why go so far ...more  
Comment by Kelvinon Aug 25, 2024 9:18am

RE:Subsea Tiebacks

Yup wcp, they're now even producing gas fields using subsea tiebacks to FPSO like the project in Israel:   https://www.gasworld.com/story/energean-takes-fid-on-1-2bn-israel-gas-field ...more  
Post by westcanprideon Aug 24, 2024 3:59pm

Subsea Tiebacks

Read these articles folks. Tons of smaller oil fields globally are being produced via tie backs. This idea that only "billion barrel" fields can be produced is complete nonsense.  The ...more  
Comment by Kelvinon Aug 24, 2024 2:28pm

RE:RE:Smarten up Harel ….

Both graduates of University of Tulsa. Anyway, they and few others pretty much invented the oil patch as we know it. High level R&D. Lots of research monry from oil companies. Anyway not enough ...more  
Comment by Kelvinon Aug 24, 2024 2:12pm

RE:Smarten up Harel ….

Yup Frank, she knows. Graduate in Petroleum Enginnering from about the most prestigious universties for thst discipline on the planet. Same for Kevin Lacey. She has been complaining about the lack of ...more  
Post by Frank007on Aug 24, 2024 1:58pm

Smarten up Harel ….

Shedrill is way smarter than you ...why attack her .,..?     Sell out and get lost 
Comment by Zibo510on Aug 24, 2024 1:43pm

RE:RE:RE:RE:RE:RE:shedrills

With FEC having over 500 million invested in CGX, you would think if they have faith in their reserve estimates that would justify drilling another appraisal well. If they don't have any kind of ...more  
Comment by Kelvinon Aug 24, 2024 12:39pm

RE:RE:RE:RE:RE:shedrills

Well Harel, as they say in the south, it looks like cgx is FUBAR. F'd up beyond all repair. No hope. Seriously? No hope? No money, no hope I guess. 
Comment by Harel1976on Aug 24, 2024 11:54am

RE:RE:RE:RE:shedrills

Cgx lost an arbitration case and owes 16m$ for the demerara seismic, once they take action against cgx its game over. What keeps cgx alive is the fact the Got No cash so nothing to take, hence the ...more  
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