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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...
Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.
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Bullboard (TSXV:OYL)
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(340)
•••
SheDrills
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Comment by
SheDrills
on 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
(363)
•••
Harel1976
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Comment by
Harel1976
on 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!!!
Energy Co Unveils Q3 2024 Results: Record Growth & Strategic Expansion
posted Nov 21, 2024 9:00am by
Coelacanth Energy Inc.
-
|
In Q3 2024, Coelacanth started the construction of its planned $80.0 million infrastructure project that includes over 35 kilometers of pipelines and a facility to handle current behind pipe volumes and future expansions. Ultimately the facility will be able to handle approximately 16,000 boe/d of which Coelacanth has approximately 4,400 boe/d tested but shut-in at the 5-19 Two Rivers East pad ...read more
(98)
•••
Coloradobuff
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Post by
Coloradobuff
on 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?!?!
(363)
•••
Harel1976
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Comment by
Harel1976
on 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
(253)
•••
Kelvin
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Comment by
Kelvin
on 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
(364)
•••
westcanpride
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Post by
westcanpride
on 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
(253)
•••
Kelvin
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Comment by
Kelvin
on 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
(253)
•••
Kelvin
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Comment by
Kelvin
on 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
(534)
•••
Frank007
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Post by
Frank007
on Aug 24, 2024 1:58pm
Smarten up Harel ….
Shedrill is way smarter than you ...why attack her .,..? Sell out and get lost
(277)
•••
Zibo510
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Comment by
Zibo510
on 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
(253)
•••
Kelvin
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Comment by
Kelvin
on 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.
(363)
•••
Harel1976
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Comment by
Harel1976
on 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
(363)
•••
Harel1976
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Comment by
Harel1976
on Aug 24, 2024 11:44am
RE:RE:RE:shedrills
Its done! Cgx is on its way to bankrupcy!
(363)
•••
Harel1976
X
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Comment by
Harel1976
on Aug 24, 2024 11:42am
RE:RE:shedrills
A major is not even an option, No one will drill a 100m barrels targets to hopefully reach a min' requiered resources for development, all the projects in the basin are min" 1 billion
...more
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