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Bullboard - Stock Discussion Forum CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

Energy Oil & Gas E&P
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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Post by Devanand1on Aug 14, 2024 8:41am

CGX to complete Berbice port trestle by month end

https://guyanatimesgy.com/cgx-to-complete-berbice-port-trest …as work continues on infrastructure needed to moor ships Work continues on the Berbice Deep Water Port (BDWP), being built by ...more  
628
Discussion
Comment by Strawboss1on Aug 12, 2024 3:19pm

RE:So they lost the block?

Where do you get that from ?
95
Discussion
Post by Coloradobuffon Aug 12, 2024 11:59am

So they lost the block?

Wow only took the government 20+ years. I still can@t believe they hit oil twice and blew it. I guess what they say, management matters. These guys have proven to be clowns. Rich clowns off of our ...more  
548
Discussion
Comment by Harel1976on Aug 11, 2024 9:26am

RE:RE:RE:RE:Magic Act

even hodini wont help cgx, best case scenario is a 2 years extesion then go bust, the bad one is loosing the block  immenently as should be by the pl agreement and bust.. how it is trading at a ...more  
224
Discussion
Comment by YancyDerringeron Aug 10, 2024 11:43am

RE:RE:RE:Magic Act

Zibo we need a closer, a deal maker, to pull one out of the hat ! We need some MAGIC, otherwise we are F!!!  :)YD
101
Discussion
Comment by Zibo510on Aug 10, 2024 11:24am

RE:RE:Magic Act

According to the terms of the Corentyne PPL, CGX'S interest in the PPL has expired, but by filing the NPCI they have maintained a legal interest in the PPL, subject to approval of Guyana.  ...more  
221
Discussion
Comment by Milli77on Aug 10, 2024 10:38am

RE:Magic Act

To my point.  So because CGX doesn't own the area anymore, how could they make a deal with anyone,they can't sell what they don't own. I know they haven't officially stated that ...more  
164
Discussion
Post by firo1988gton Aug 10, 2024 9:18am

INTERESTING READ

https://www.kaieteurnewsonline.com/2024/08/09/independent-oversight-oil-body/ GLTA   FIERO
147
Comment by Caribmanon Aug 10, 2024 8:46am

RE:Magic Act

So many speculations on this one but I like yours.
60
Discussion
Post by YancyDerringeron Aug 09, 2024 2:51pm

Magic Act

They may be putting the deal together for a big daddy to buy in and satisfy Guyana's needs all in one stroke, like pulling the rabbit out to the hat! We may be watching magicians at work. Why else ...more  
374
Discussion
Comment by Milli77on Aug 09, 2024 12:08pm

RE:RE:My opinion only

 You're probably right, SheDrills. It's been over 11yrs for me and I'm just tired and want this to come to an end, hopefully with a deal.  Goodluck to you and everyone invested ...more  
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Discussion
Comment by SheDrillson Aug 09, 2024 8:46am

RE:My opinion only

I think any information that gets in Guyana government hands leak...more than likely any potential deal is further delayed until after an extension and associated terms are concrete.
135
Discussion
Post by Milli77on Aug 09, 2024 7:56am

My opinion only

Piece Stockhouse fam! Its been a while since I posted anything here but I just had my morning toke and had a thought.lol.  What if cgx/fec already have a deal in the works and the government ...more  
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