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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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(2)
•••
ClinkerKlondike
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Comment by
ClinkerKlondike
on Jul 01, 2024 4:34pm
RE:RE:RE:RE:257 million reasons
Sorry I am even posting this because I do not find the "Spelling Police" helpful. A bit mean, I find. However, you obviously were not using "spell check" when you typed "
...more
(534)
•••
Frank007
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Comment by
Frank007
on Jul 01, 2024 1:23pm
RE:Jagdeo
First of all if they even try and pull a stunt like that there gov,t will fall for sure ..both cgx and frontera would certainly sue the gov,t for about a billion $ just to recover expenses ...lol
...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
(8)
•••
Edmoiler
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Post by
Edmoiler
on Jul 01, 2024 1:19pm
Jagdeo
Is he going to pull the rug from under all the shareholders in Guyana? This could have some bad results for the Gov't .
(277)
•••
Zibo510
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Comment by
Zibo510
on Jul 01, 2024 12:53pm
RE:RE:RE:257 million reasons
If CGX is granted an extension I wonder what the terms will be. I am sure Guyana will want a committment of further development with some form of financial commitment on CGX's part. Since
...more
(7)
•••
catkin
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Comment by
catkin
on Jul 01, 2024 12:47pm
RE:RE:RE:257 million reasons
Do you not have "spell check" on your computor?
(363)
•••
Harel1976
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Comment by
Harel1976
on Jul 01, 2024 12:06pm
RE:RE:257 million reasons
Sintana didnt sell anything and is holding the most exciting and biggest offshore discovery the last decade so maby not a good comparison. I also believe guyana will not kill cgx this time due to
...more
(534)
•••
Frank007
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Comment by
Frank007
on Jun 30, 2024 6:25pm
RE:257 million reasons
Sintana ...sold Totall a similar discovery farm down for ...which I thought was cheap the Namibian off shore for $2 u s ...so you would sure think this discovery would bring at least that much !
(364)
•••
westcanpride
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Post by
westcanpride
on Jun 30, 2024 3:57pm
257 million reasons
As of today, Frontera holds 257 million of CGX's 338 million shares. Ironically, given the recent events with CGX share price, almost every single one of these shares are below their purchase
...more
(168)
•••
waitingstill
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Comment by
waitingstill
on Jun 30, 2024 12:16pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:Just in!
100 percent.
(279)
•••
Zibo510
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Comment by
Zibo510
on Jun 30, 2024 11:21am
RE:RE:Jagdeo warns CGX Energy over ongoing oil development delays
If CGX has to prove financial ability to Guyana to develop the block further they can't on their own without Frontera backing them. Will be interesting to see how much pressure Guyana
...more
(25)
•••
LCSulla
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Comment by
LCSulla
on Jun 30, 2024 10:44am
RE:RE:Jagdeo warns CGX Energy over ongoing oil development delays
Amen
(534)
•••
Frank007
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Comment by
Frank007
on Jun 30, 2024 10:42am
RE:Jagdeo warns CGX Energy over ongoing oil development delays
Your comment about the only thing cgx has done is drill two wells is way off base ....the Surinam border dispute , Covid 7 milion donation ..drilled the eagle 1 well jaguar well a nd several
...more
(25)
•••
LCSulla
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Comment by
LCSulla
on Jun 30, 2024 10:38am
RE:RE:RE:RE:RE:RE:RE:RE:Just in!
And in one fell swoop you've cratered your reputation. Inject image of me projectile vomit.
(96)
•••
Dell1
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Post by
Dell1
on Jun 29, 2024 10:05pm
Jagdeo warns CGX Energy over ongoing oil development delays
I would say it was a good move by the Guyana government to put some pressure on CGX/Frontera management. I have seen companies around the world drag out the exploration and development phases for many
...more
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