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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 > Zeroes flying out the sun
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Post by dragonfly454 on Nov 25, 2021 11:03am

Zeroes flying out the sun

Yeah Dirk..well we should not be surprised if we hit oil because we do have the underlying good world class source rock and more than a pinhole of fractures along with all Ms.Budlong's art work on the siesmic showing us the spill points ..with oil floating on brine ..what else should we expect ? Cranberry sauce....what I notice is that all the nervous nellies from the time we post some jive talk they have their panties coalescing into conglomerate in their fractures ..but when we have a full blown discussion on migration or other petrology nobody chirps until around 2 pm when Cloudy rises from the tabletop to whip up the maelstroms in his mind ..at least he chirps the right tune these days ..BGR,Right Angle and Oyler happy Thanksgiving mates..the difference I see is that the flow off the Berbice channel eastwards meets the current from the Corentyne going west over on the Guyana side whereas this dynamic is lessened east of the Corentyne River on the Suriname side which could have had a material effect on the composition of the sediments in the fans west of Corentyne River (Guyana) compared to Eastern side . Suriname. But the 3D AVO seemingly puts that all to rest with those cherry red maps of the lobe ...
Comment by Dirksidetrack on Nov 25, 2021 12:30pm
To tell you the honest truth, the only risk that I see is political risk. They just did a poll in Latin America and the Caribbean. Only 49% support democratic governments. Most countries are moving to some form of authoratarian government because that's what the people support.What's better? they ask. A bad democracy or a good dictarorship that actually makes people's lives better? So ...more  
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