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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 Beaner1814on Nov 26, 2021 9:28pm
197 Views
Post# 34171453

RE:RE:Vugular almost got vulgar

RE:RE:Vugular almost got vulgar

Dirk, from what I have read from your posts you are an intelligent person. Which may get in your way from time to  time.

On this particular point of what OCM stated originally and subsequently clarified you are blinded by your own hasty retort. I am no drilling specialist or expert in the field, but it is plain as day as to what was said and the context does not allow for confusion. He was highlighting a known outcome based on the uncertain activities at Kawa-1, which I am sure were spawned from Dragonfly's report of increased supply boat activity. To use your own metaphor of Schrdinger's cat, the quantum superposition in the minds of us not in the loop that accounted for the activity was losses, the running of casing, or a fat Indian investor each equally occurring at the same time but not all being the correct outcome without knowing what was happening on the rig floor. If you or anyone else does know, chime in, otherwise this whole tete-a-tete is not worth the word count and is just a pissing match over hypotheticals.

I am not one to readily try to mediate ignorance, but as I find the technical knowledge of OCM, and frankly yourself (save for the metaphorical presentations you provide), invaluable and beneficial to the banter on this board, I would hate to lose either of your insights (flawed or otherwise) or distrust the candour you provide.

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