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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

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Post by CLOUDER on Dec 02, 2021 1:16pm

WELL

i can`t find anything about CGX  zerbo,                       and dirk my neighbour is an operator in the oil patch,give me some specific  terminology,and i will ask what he thinks.
Comment by zerbo on Dec 02, 2021 1:47pm
I saw a 100,000 share buy at around 1pm by Anonymous on one of this secondary stock places
Comment by Dirksidetrack on Dec 02, 2021 1:57pm
Upper marine riser package, lower marine riser package, slip joint etc. There's piles of terms Clouder. Maybe just show your neighbour ship and rig movements to get an opinion. Operator like in production operator?
Comment by CLOUDER on Dec 02, 2021 2:11pm
well he is doing recamations now,  he said,  he has had a hard time finding work here,  it was like he was slumming,lol.  but he makes great money doing this,to me anyway.  i asked him a wile ago about taking 4 months to drill a off shore well  he said yup it can take longer. hey dirk  give me a question  that would be like   what  a find ...more  
Comment by Dirksidetrack on Dec 02, 2021 2:48pm
Geez, don't know Clouder. Seems like it's all geology now and that info is, no doubt, on very tight lockdown. I think that someone commented that it would take a couple of weeks to analyze the info. I have no idea of what's involved there.
Comment by geomanx02 on Dec 02, 2021 4:45pm
The only thing that will take a week or two to analyze is the sidewall cores....logs can we analyzed on the wellsite.   What takes a while nowadays is corporate employess do not want to give out data without supporting reports from competent consulting companies......and it may take a while to get the reports rom 3rd party consultants.
Comment by jada13 on Dec 02, 2021 9:56pm
I look at cost per day in holding a rig there for a dry hole when you're going to drill another hole. Why waste time and money on holding on to the rig when there is nothing there. Wouldn't happen. They have what we have waited for it's just the waiting now on news .glta.Im sure the JV wants every bit of information that's there weather huge discovery or small. Everything is lining ...more  
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