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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 > Neophyte II
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Post by SportyJ on Nov 12, 2021 6:26pm

Neophyte II

I assume the Discoverer has a flare stack rigged up. As targets are drilled wouldn't it be common for circulated gas to be flared, maybe even a big o flare? So dfly, can we get a bird in the sky to sneak a peek? Better yet I've got access to a pontoon boat we call "Large Marge the Party Barge". Will hold about as many that are on this board. We jump off at berbice dwp and go see what the hay is going on. I figure if suri gunboat can make it large marge can as well. However, being a neophyte in geology and now drlg engineering, I'm also a neophyte at boating. So we need a skipper for Large Marge. Anybody???? Sorry for the really bad humor but it's Friday. Rest up and let's go get em next week. SportyJ
Comment by oldcompanyman on Nov 12, 2021 7:40pm
Hi SportyJ, Circulated gas doesn't get flared, it is in tiny amounts and it just gets out of the mud being circulated. The flaring you refer to happens on welltest. Many exploration wells are not tested these days (appraisal wells are mostly tested). Therefore, on Kawa-1 there will be no flaring to see, unfortunately. No need to risk your party barge so large at sea then I'm afraid ...more  
Comment by SportyJ on Nov 12, 2021 9:12pm
Thanks OCM for answering my question. Rather than knowing the cost of 1 jt of 9-5/8" 36# J55 LTC A, I've always been curious about all disciplines that make the industry run. SportyJ
Comment by Studley on Nov 13, 2021 7:02am
Anybody remember years....& years ago : Triton Energy I think . Small company , large acreage around Columbia I think .....tick , tick , BOOM !!! CGX ? That is why we are here . FEC has the big risk & we are just on for the ride . 50 / 50 chance at least - maybe better than that . As a US investor , Uncle Joey will pick up half of my loss if the well is not a success . You takes your ...more  
Comment by RedCobalt on Nov 13, 2021 12:06pm
the far-fetched Cusiana
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