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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

Comment by oldcompanymanon Nov 02, 2021 5:26pm
203 Views
Post# 34079476

RE:RE:RE:RE:RE:Kawa Well

RE:RE:RE:RE:RE:Kawa WellHi SheDrill & Dirk et al,

Dirk, thanks for your consideration, in fact the post SheDrills had misunderstood was not from me but from dragonfly when he was mentioning the 45ft casings, I had then commented on her probably having misread it and she did not reply with any further comments on the subject; We're cool.

SheDrills, I saw quit a few rather disgusting sexist comments agains your person on Stocktwits and I do sincerely feel for you, the way I feel for the few female engineers that are sent on board and sometimes (thankfully less and less nowadays) get unfair treatment due to their gender. It's easier to control it on the rig, especially if the company man is a decent man (attitude trickles top-down...), it's not the same within the anonimity of the net. This being said, regarding "none of us being transparent about who we are", it's a matter of choice. I'm 59, have zero social media and I do not see why I should now get a digital existence of sorts. I invested in this stock and saw this forum, give my 2cents on drilling in case it helps the other folks, in an objective manner, the rest is not very relevant to me

And for all the others, conceivably there is a lot of stress with today's bloodbath but I see FEC stable and I conclude that there must be nothing relevant with the well. But most importantly, I repeat what quite a few people already put down here: the well will decide, the rest is noise.

And whatever the outcome, I must say that there will be no merit, neither for those who will win nor for those who will lose (none of us was physically down there to put oil in that reservoir millions of years ago right?). If the well is dry it won't make me a bad drilling supervisor, if it is full of oil it won't make OIL_RUN a better geologist either; what we are doing here is an educated gamble, nothing more, nothing less, no need to turn it into a soccer game. Not a single person on earth knows what is down there, so any "I had told so" after the event is meaningless.

Again, GLTA, the end is near.
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