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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 > Mid December
View:
Post by RightAngle45 on Nov 01, 2021 12:47pm

Mid December

By then the story will be complete on the success or, lack of success on this well and either scenario I will be out of this stock. I feel good about it being a success but, it is still a high risk and probably around 1 in 3 odds here.I am sure they will still be around to drill that second well on the demerara block, no matter what the outcome with Kawa is, but its just too frustrating,of an investment for me, and ten years is enough invested in this stock
Comment by Coloradobuff on Nov 01, 2021 1:07pm
I think i am at 20 years. It has been frustrating, and they need a hit. Waiting for the 2nd or 3rd drill.
Comment by Ermosp on Nov 01, 2021 3:39pm
1 out of 3 odds? It's at least 50% by mcdaniel report
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