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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 > Rig Move
View:
Post by geomanx02 on Dec 04, 2021 8:37pm

Rig Move

If the rig has been moved it means one of two things.....(1) they have set and cemented production liner and await arrival of completion rig or (2) it's a dry hole.....

Am going with number (1)
Comment by tiger77 on Dec 04, 2021 8:54pm
Rig hasn't moved. It's still at anchor and hasn't moved from it once. Don't know where all the misinformation is coming from. As far as I can tell they are still drilling with vessels coming and going for supplies as normal.
Comment by dragonfly454 on Dec 04, 2021 9:21pm
Hey Tiger..the rig is still there yes but what was observed is that the anchor handler Pacific Duchess was seemingly performing some specialized tasks and the rig was moving at least 400 feet to 500 feet in one or two directions on at least three occasions .. seemingly anchors were being raised starboard allowing a slight drift and then port side like wise then back to point A ..anyone can go ...more  
Comment by SportyJ on Dec 04, 2021 10:05pm
Tiger, geomanx's very first word was "If" followed by a discussion in which he hopes that Kawa will be a producer and not dry. Nothing close to misinformation. At least that's how I read it. GL
Comment by SportyJ on Dec 04, 2021 10:26pm
Just to be clear maybe geomanx should have used "when". But if I'm correct it was this board that even attempted to cover the rig's location and supporting vessels. That is really valuable info as we speculate (emphasis added) on what's going on. Or maybe we email Suresh every day to inquire about the rig loc. I dunno.
Comment by ljmorin on Dec 05, 2021 12:43am
Just to be clear, You have no idea and 0 credability on this board or any other. You make us longs want to Barf, and are the type that makes actual knowledgble posters go away. Of which they have because of losers like you. Your really not that sporty, FO
Comment by SportyJ on Dec 05, 2021 1:27am
So the knowledgeable are staying away? But Lj, you aren't staying away. Lol. Why not spend more time x raying welding beads so oil doesn't spill all over the glorious motherland and less time here being a foul mouth bully to the real longs? Go Kawa Go
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