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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

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.


TSXV:OYL - Post by User

Bullboard Posts
Comment by kaosblueson Jun 11, 2012 12:17pm
375 Views
Post# 19999679

RE: RE: RE: RE: JUNE-08-2012: ANADARKO IN TALKS OV

RE: RE: RE: RE: JUNE-08-2012: ANADARKO IN TALKS OV

Japanophilia: 

What are you talking about?  I've made a prediction and it has yet to come true. Logically, it is impossible for me to be "late" in my speculation because the prognosticated event hasn't actually happenned yet.

If this prediction of mine isn't timely I sure would like to know what you consider is. 

You point to a few snippets, associations and clues about Anadarko and indeed some of these things went into the hopper and contributed to my thoughts as to how I formulated my theory.  But none of these postings, opinions or facts take anything away from the fact that I made this particular simple prediction, and to date and please correct me if you believe I am wrong,  no one else has on this board. 

Morevover, if you really understand and know anything about the oil industry you would know that the big boys love to have a little bit of action in every pot.  It is called spreading the risk.  33% of 3 plays is almost always much more preferable to 100 % of 1 play,  ask just about any landman or (woman) worth their salt. Anadarko is classically and perfectly positioned now to step in and take a position in this play and I am pretty certain that they are looking it over very, very carefully as we speak. I won't at all be surprised if they are announced as one of those JV partners that the Chairman was referring to in his latest speech. Sorry Japanophilia, but as usual logic trumps.

Bullboard Posts

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