Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 tiger77on Sep 06, 2019 12:31pm
196 Views
Post# 30102760

RE:RE:Guyana tipped for another find

RE:RE:Guyana tipped for another findSo the answer is you never know but when you see the below saying "expected in Oct" now too sure if they would be week(s) early???  This would be amazing for CGX!

"Now turning to Guyana. Our exploration success on the Stabroek Block continues with three new discoveries so far in 2019 at Tilapia, Haimara, and Yellowtail. Bringing the total number of discoveries on the block thus far to 13. We completed drilling operations on the Hammerhead-2 and Hammerhead-3 wells in June and July, respectively, which included a successful drill stem test on Hammerhead-3, and we are currently evaluating the results for potential future development. The Noble Tom Madden drillship is currently drilling the intermediate section of one of the Liza Phase 1 development wells, and will then return to finish drilling the Tripletail-1 well with results expected in October. The Stena Carron drillship, recently commenced drilling at the Ranger-2 appraisal well as a follow-up to the successful Ranger-1 exploration well, which in January 2018, established a large oil bearing carbonate structure located approximately 60 miles northwest of the Liza Field. An extensive logging and coring program as well as a drill stem test are plan for Ranger-2." From Hess Jul 31 earnings call.
Read more at https://stockhouse.com/companies/bullboard?symbol=v.eog&postid=30102631#F6UluUbyjmXfrdUg.99
Bullboard Posts