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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 SheDrillson Nov 02, 2021 7:27pm
160 Views
Post# 34079871

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

RE:RE:RE:RE:RE:RE:Kawa WellOldcompanyman...we must think alike.  I said not too long ago on another board that our well outcome was decided millions of years ago.  What's left to be seen is whether or not our understanding of the geology is correct and our understanding is based on imperfect data.  Sometimes being a hero or a zero is more about luck than being a world class expert but statistically speaking we should be ok.

Regarding my stocktwits trolls...they are just  jealous...for every laggard I own I've got plenty of winners. I see way more BS online than I ever did on a rig...people need to remember that online you never know who's watching and everything is recorded. I do recognize that many industry people can't disclose their identities for employment l reasons. Ive been self employed since 2015, I'm not paid for posting or trying to build a social media income stream...which gives me license to speak my mind.  I've had people go wild on me just because I said RIG would lag this year...guess what, RIG lagged.  It didn't lag because I said that, it lagged because no huge capex increase this year...but hey...crazy always needs a villain. 
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