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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. 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... see more

TSXV:OYL - Post Discussion

CGX Energy Inc > Chronology ...Apache ...Total
View:
Post by taal on Apr 02, 2021 8:39am

Chronology ...Apache ...Total

It was Dec 2 2019 that Apache stock plummets after reporting that they had reached a depth of 6200 meters and were testing 2 Cretatious play types..and that drilling would resume middle of Dec to a depth of 6900 meters...It was on Dec 23 that they announced thier 50...50 partnership with Total only 2 weeks before announcing thier discovery on Jan 7 2020....So what makes everyone think that if a JV isn't announced soon ...some 6....8 months prior to drilling ...that there Won't bea JV... Total obviously view the test results of the two initial play types before inking thier deal...Whats to say a similar situation won't happened with Cgx??
Comment by jtdd on Apr 02, 2021 9:00am
I am predicting that Hess or Total will be our joint venture partner.
Comment by zerbo on Apr 02, 2021 11:38am
I agree with your opinion. I thought time ago that Hess would love to access to more oil by there own. Even a buyout I wouldn't be surprised.
Comment by mark92 on Apr 02, 2021 2:31pm
I'll take a 5 for one share exchange with Total ...
CGX Energy Inc
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