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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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(253)
•••
Kelvin
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Comment by
Kelvin
on Aug 20, 2024 9:51am
RE:RE:RE:RE:now i hope
Frank, Yeah that was the Eagle1 well and it was an American rig, the Saratoga. If you're referring to Jaguar 1 well of which cgx had 25% interest rig was another Amerucan rig the Atwood Beacon. I
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(363)
•••
Harel1976
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Comment by
Harel1976
on Aug 20, 2024 9:28am
RE:RE:RE:RE:now i hope
How blind are you? A shake??? No volume at all for a year, anyone who wants to sell 5k$ drops the sp 10%, there is No bottom here, it goes to 0.
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
(534)
•••
Frank007
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Comment by
Frank007
on Aug 20, 2024 9:24am
RE:RE:RE:now i hope
Wow I did not know that you have been involved so long .....maybe you know bout the Japanese rig ...that also encountered extreme preassure in the cgx well long before ...that alone should have
...more
(253)
•••
Kelvin
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Comment by
Kelvin
on Aug 20, 2024 6:20am
RE:RE:now i hope
Further to my last our group used Repsol Jaguar1 as an offset well for guidance on what to expect. Extensive info on geology, pore pressures etc can be found in a downloadable pdf file. Google Repsol
...more
(253)
•••
Kelvin
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Comment by
Kelvin
on Aug 20, 2024 5:41am
RE:now i hope
Cloudy, yes I did sell just after Kawa spud on the rally when it went up to as high as 2.70, if memory serves because I know how tricky and expensive it is to drill those pressure inversions. At Shell
...more
(363)
•••
Harel1976
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Comment by
Harel1976
on Aug 20, 2024 5:25am
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Timely Disclosure
If these two wells had 500 m boe recoverables you were a happy investors right Now, but the 500m they through to the air are the total prospective resources left after relinquishing most of corentyne
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(98)
•••
Coloradobuff
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Comment by
Coloradobuff
on Aug 19, 2024 8:54pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Timely Disclosure
This seems like a logical assessment imo. A shame. Should have sold at 3$ sigh
(277)
•••
Zibo510
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Comment by
Zibo510
on Aug 19, 2024 6:54pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Timely Disclosure
I disagree, management dropped the ball by not flow testing either of these wells. They claim to have 500m barrels of oil between both wells, yet they also say that further appraisal activity is
...more
(363)
•••
Harel1976
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Comment by
Harel1976
on Aug 19, 2024 3:19pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:Timely Disclosure
You all frustrated and thats understandable but suresh is not to blame, they managed to drill two wells and fulfilled there obligation to the gamblers investors of an exploration small cap, they could
...more
(1490)
•••
CLOUDER
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Post by
CLOUDER
on Aug 19, 2024 3:11pm
now i hope
you guys sold a ways back.....
(364)
•••
westcanpride
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Comment by
westcanpride
on Aug 19, 2024 3:10pm
RE:RE:RE:RE:RE:RE:RE:RE:Timely Disclosure
LOL not just Suresh, but everyone involved with CGX and FEC. This entire process has been a nightmare and completely reflective of individuals not suited for the job. I thought for sure someone would
...more
(130)
•••
soulfire
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Comment by
soulfire
on Aug 19, 2024 2:41pm
RE:RE:RE:RE:RE:RE:RE:Timely Disclosure
I think you are letting Suresh cloud your vision LOL, I can't blame you though, he's an absolute waste.
(364)
•••
westcanpride
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Comment by
westcanpride
on Aug 19, 2024 2:41pm
RE:RE:RE:RE:RE:RE:RE:RE:Timely Disclosure
That's totally fair and I respect your opinion/feelings.
(130)
•••
soulfire
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Comment by
soulfire
on Aug 19, 2024 2:38pm
RE:RE:RE:RE:RE:RE:RE:Timely Disclosure
WCP I can go on and on.... but I don't think we will see eye to eye
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