RE:RE:RE:RE:RE:RE:THIS IS BIGGER THEN WE REALIZE!!!!
westcanpride wrote: Windyhill, https://cgxenergy.com/wp-content/uploads/2021/04/CGX-Energy-Announces-Agreement-for-use-of-the-Maersk-Discoverer-Semi-22April2021.pdf In this April release, it states that the primary well is Kawa-1 and the second option is a well in Demerera. Looks like the JV finally exercised that option. Back in February, the Demerera license was also extended 1-yr to 2022. A well will need to be drilled, or at least spudded, by then. My sincere guess is the Mr. Jagdeo wants a well drilled there ASAP, especially in light of the Joe-Jethro wells adjacent to that block. Could things change/I could be wrong? Absolutely... but I think this second well needs to be a Demerera well for the reasons above. I am sure most potential JV partners are hesitant on that block for obvious reasons and want to see what is there as well.
Ok. I see now. It is NOT based on any facts in the releasebut it was your guess. I understand..... You could have, in my opionion said in your post that indeed it was your best Guess.
I do know that the company and its partners have an obligation in the Demerara, but I think it is important to see this first released by the senior Management and excellent drill team assembled.
Thanks for your prompt response. Cheers !