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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
Post by stockgypsyon Jul 03, 2012 10:25pm
818 Views
Post# 20079785

All to be revealed soon

All to be revealed soon

I sure wouldn't want to be caught with my pants down when Jaguar finally shows its teeth. Load up now while shares are still cheap, because once jaguar sinks his teeth in, we will gap up big time. We could be halted any day now and I fully believe it will be very soon. All signs point to a discovery, and Sullys actions at the meeting downplaying jaguar to me reinforce this. He has a pretty good poker face but I don't think he is bluffing, I am sure he has a straight flush and the color is black. I wouldn't bet against this one, the risk reward is too good. It's all comes down to the next 30 days, 10 years of pain will all be forgotten when tullow and repsol show us the goods.  

Murphy drilled to depth of 3500 m came up dry

Zaydeus drilled to 6000 m  and came up successful

Inpex the wild card drilled to a depth of 5500 m and have been very secretive ever since. Why would they tempoarily abandon a well if it had nothing. There is more to the Inpex story than meets the eye.

Eagle shallow drilled to depth of 4300 m and came up dry 

Jaguar drilling to a depth of 6500 m, the deepest of all the wells. Will we come up dry or wet? That is the million dollar question. Based on Zaydeus and Inpex I think we will be fine. The deeper the well the more black gold for the taking.

Good luck to all. Something is brewing and I can't wait for all to be revealed.

Bullboard Posts