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Bullboard - Stock Discussion Forum
CGX Energy Inc
V.OYL
Alternate Symbol(s):
CGXEF
Energy
Oil & Gas E&P
CGX Energy Inc., engages in the exploring petroleum and natural gas properties in Guyana, South America. It holds interests in a petroleum prospecting licenses and petroleum agreements for Corentyne block in Guyana. The company also constructs and develops the Berbice River Port project in Guyana. CGX Energy Inc. was founded in 1997 and is headquartered in Toronto, Canada.
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Bullboard (TSXV:OYL)
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(757)
•••
Frank007
X
Post by
Frank007
on Feb 26, 2026 12:48pm
Buy ..Frontera ..!
Parex. And Geopark are not trying to buy ..cgx ..! ....it's all about Frontera ...so buy some you idiots ..!
(32)
•••
zerbo
X
Comment by
zerbo
on Feb 26, 2026 12:04pm
RE:RE:RE:Is this a fair calc.
If Exxon makes an low offer, others will jump in , knowing that Exxon knows what's in there, there are even allow overlapping oil fields
(757)
•••
Frank007
X
Post by
Frank007
on Feb 26, 2026 10:32am
Buy frontera …lol
You get both and the dividend by buying Frontera ...lol
(177)
•••
Coloradobuff
X
Comment by
Coloradobuff
on Feb 26, 2026 10:28am
RE:RE:Is this a fair calc.
Is that realistic? I mean companies are trying to steal the block. Why would they offer 3.5 billion
(33)
•••
Udinese69
X
Comment by
Udinese69
on Feb 26, 2026 8:20am
RE:Is this a fair calc.
CGX bought-out for $3.5B Share holders of CGX get $10.34 USD x 23.95% $ 838,250,000.00 Share holders of FEC get $10.34 USD
...more
(120)
•••
Kingmosabe
X
Comment by
Kingmosabe
on Feb 26, 2026 4:09am
RE:RE:Required reading and analysis
Exxon has been appraising all around the North Corentyne already doing seismic sweeps poking holes which costs a lot of money..making the investment already...Pluma, bluefin, haimara, Hamlet, plus the
...more
(757)
•••
Frank007
X
Comment by
Frank007
on Feb 26, 2026 1:20am
RE:RE:RE:Required reading and analysis
Here is how it will or should go dowkn....Frontera can sell out and should ...but there are several free standing oil drilling platforms for sale ...go to Horizon Ship brokers ...I have sent these to
...more
(306)
•••
westcanpride
X
Comment by
westcanpride
on Feb 25, 2026 10:02pm
RE:RE:Required reading and analysis
Definitely agree, proven reserves have tremendous value. To get to proven reserves from prospective resources require billions in investment though. Management unfortunately has never provided
...more
(122)
•••
stark15
X
Post by
stark15
on Feb 25, 2026 8:55pm
Fec buyout CGX, lol
Anyone thinking this has NO CLUE of the history of CGX......
(21)
•••
Mannyman99
X
Comment by
Mannyman99
on Feb 25, 2026 8:44pm
RE:Required reading and analysis
I think you're over complicating it. Barrel of oil in ground can be worth anywhere between $2-$10 for proven reserves. There's a lot of value to be created for the company that can take on a
...more
(757)
•••
Frank007
X
Comment by
Frank007
on Feb 25, 2026 7:31pm
RE:RE:Re ...just for fun
Let's not all get greedy.....Catalist and grey mercy ..need a cash buyout ...they do not trade in these shares ..its the big Ann's shaking the tree ......for now cgx May get back to the price
...more
(757)
•••
Frank007
X
Comment by
Frank007
on Feb 25, 2026 7:22pm
RE:Re fair sale calc
U r correct ..but ...and it's a big but ....Frontera owns most of the shares out on cgx ..the combined .is about 92% value to Frontera of the Guyana assets ...that all ...cgx ok but if this goes
...more
(306)
•••
westcanpride
X
Post by
westcanpride
on Feb 25, 2026 7:02pm
Required reading and analysis
I would strongly suggest ppl go read this 5-page document: https://www.spe.org/media/filer_public/58/a2/58a24952-4f2c-4c2c-9eca-038299cb2ceb/petroleum_resources_classification_system_and_definitions
...more
(67)
•••
From14226
X
Comment by
From14226
on Feb 25, 2026 7:01pm
RE:Re ...just for fun
What do you think about the idea that Frontera may plan to buy out the CGX free float and remain as a smaller partner in a future gas project? Otherwise, I don’t really see the logic behind
...more
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