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

Post by oldcompanymanon Nov 05, 2021 10:15pm
192 Views
Post# 34095030

Any questions?

Any questions?Good evening folks,

Apologies I did not have time to read through the different posts in the meantime.

If you have any specific drilling-related question please reply to this one and I will do my best, having a family weekend.

And no, I don't think they have drilled through any target yet. As already stated, my guess is that, based on the 4% progress over longer than a week, they are in a situation that will require them to run the 11-3/4" on top of the Campanian. Therefore, based on this very limited data and just trying to have an unhealthy guess, I personally do not expect them to drill through the Campanian in the next 5-7 days.

Yes, I truly wish to be wrong on that one, very clearly I would prefer them to go through that zone this week-end but for the time being I prefer being realistically patient. 

Thanks,

GLTA,
<< Previous
Bullboard Posts
Next >>