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Bullboard - Stock Discussion Forum 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... see more

TSXV:OYL - Post Discussion

CGX Energy Inc > WELL, PARDON THE PUN
View:
Post by CLOUDER on Aug 20, 2021 8:53am

WELL, PARDON THE PUN

I have been looking at the guyana and suriname basin maps,and it is STRIKINGLY obvious that there is NO Yes NO  economical discoveries in the SHALLOW part of the basin. THE JOE,even the JETHRO were HEAVY NON ECONOMICAL OIL,just take a look at EOG if this was a good discovery would there stock be so low?AS for the CARAPA WELL it had i believe 20 meters of light pay ,but this again was not economical because they are doing nothing with it. ONLY out deep has there been any ECONOMICAL  oil discoverd.  KAWA 1 IS ABOUT AS SHALLOW AS CARAPA,and simalar size fans,over in suriname just off shore there was going to be 9 SHALLOW OIL WELLS drilled and they stoped at 6 i believe,because they were ALL DUDS,  check it out. about 2 years ago.                                                     O.M.G. I just recheked the CARAPA WELL, IT WAS ONLY 4 METERS OF NET PAY SO THAT IS WHY IT WAS A DUD.   THE OIL has migrated OUT DEEP, do not let these DONKEYS take your money.
Comment by whyworry on Aug 20, 2021 10:03am
Spelling and grammar notwithstanding, now you are a geologist... now that's funny!  I have minor concerns with CGX, ownership structure and financing being among them, but there is absolutely no question that the basin is de risked and Apa/Total found billions boe in exactly the same strata as CGX has begun drilling, about as far away as your daily skateboard ride.  You discredit ...more  
Comment by CLOUDER on Aug 20, 2021 10:33am
WELL, whyworry,    a personal attac on my caractor, gramer,spelling,  ok i spell bad,   notic people that he did not correct me on THE FAX, that there has been NO OIL dicovery in the SHALLOWS, off guyana and suriname.   CGX is 0 for 3, heading for 0 for 4,  imo.   GOOD LUCK.
Comment by CLOUDER on Aug 20, 2021 10:39am
THATS  no economical oil discoveries in the shallows,  must get the fax right, don`t yah know.
Comment by Toucan1234 on Aug 20, 2021 10:55am
Why can you not spell correct? There is spelling correct etc. not to mention the word are very simple. Just asking
Comment by CLOUDER on Aug 20, 2021 11:17am
ahh, my spell check stoped for some reason ,my grand daughter coud not fix it,or was to buisy to, i did not want to bother her to much,do you know just how many times i go to google to spell words,it is getting to much.  i am very old school man,don`t even have a cell phone.do not want one.my best class was math back in the day,after  in  real life   HISTORY i was my ...more  
Comment by soulfire on Aug 20, 2021 11:31am
Ahhhh Cat out of the bag. So you are CATMAN. That's the exact same story you used before...
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