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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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(56)
•••
Strawboss1
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Comment by
Strawboss1
on Aug 12, 2024 3:19pm
RE:So they lost the block?
Where do you get that from ?
(98)
•••
Coloradobuff
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Post by
Coloradobuff
on 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
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
(363)
•••
Harel1976
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Comment by
Harel1976
on 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
(12)
•••
YancyDerringer
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Comment by
YancyDerringer
on 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
(277)
•••
Zibo510
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Comment by
Zibo510
on 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
(6)
•••
Milli77
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Comment by
Milli77
on 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
(83)
•••
firo1988gt
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Post by
firo1988gt
on Aug 10, 2024 9:18am
INTERESTING READ
https://www.kaieteurnewsonline.com/2024/08/09/independent-oversight-oil-body/ GLTA FIERO
(29)
•••
Caribman
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Comment by
Caribman
on Aug 10, 2024 8:46am
RE:Magic Act
So many speculations on this one but I like yours.
(12)
•••
YancyDerringer
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Post by
YancyDerringer
on 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
(6)
•••
Milli77
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Comment by
Milli77
on 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
(340)
•••
SheDrills
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Comment by
SheDrills
on 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.
(6)
•••
Milli77
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Post by
Milli77
on 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
(28)
•••
zerbo
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Comment by
zerbo
on Aug 08, 2024 10:36pm
RE:RE:RE:RE:RE:Two events in one month! Unreal.
https://www.stockwatch.com/Quote/DetailM.aspx?C:FEC
(4)
•••
Toucan1234
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Comment by
Toucan1234
on Aug 08, 2024 4:09pm
RE:RE:RE:RE:Two events in one month! Unreal.
FEC up by 13.3% on 350 shares. That equates to $245 USD. Really?
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