CGX Energy Inc V.OYL

Guyana 80% success rate- President Ali says

[lexxus296111111]

https://www.inewsguyana.com/guyanas-oil-gas-exploration-has-80-success-rate-president-ali/

[lexxus296111111]

The president mentions 26 discoveries... where is the president getting 26 discoveries from? I believe he knows something none of us knows yet. And that is not public yet. Can't get to 26 without including Kawa well's 3 targets. My prediction- we found oil in all 3 targets. And the president has received word.

[jada13]

I like that.:)

[goforthand]

Was the count at 23 without Kawa?

[chulo123]

Some in this board knows quite well it by sure. can someone enumerate just one by one I count just17 including Jethro and joe 

[lexxus296111111]

Exxon- 21 Discoveries. Stabroek Block. https://www.reuters.com/business/energy/exxon-raises-guyana-resource-estimate-after-new-discovery-2021-10-07/ 22- Jethro Discovery. Orinduik Block. 23- Joe Discovery. Orinduik Block. 24- Kawa Target 1. Corentyne Block. 25- Kawa Target 2. Corentyne Block. 26- Kawa Target 3. Corentyne Block.

[Goldrush97]

Carapa in kanuku block was non commercial oil find. Tanager in kaieteur is also non commercial/stand alone oil find. Kawa will be counted as one not three.

[lexxus296111111]

Can't get to 26 Discoveries without Kawa.

[Rapsani]

I can't get the math working either. We also have another tidbit.. 80% success, so 26 discoveries at 80 % = 32.5 wells (ok, 32 and he rounds up from 79%).   So - can we come up with 32 unique wells drilled, or, come up with 6-7 dry holes?  Trying to find one good current map with all the explorations.

[simonx72]

Hassa was a non commercial discovery with 50 feet of oil in the santonian. Bulletwood and Sapote in the Canje block were also non commercial discoveries. 

[lexxus296111111]

Exxon considers all those dry holes. They have 21 wells they consider discoveries. // https://www.rigzone.com/news/exxon_guyana_block_resource_estimate_rises_to_10b_barrels-07-oct-2021-166652-article/ // https://www.rigzone.com/news/exxon_guyana_block_resource_estimate_rises_to_10b_barrels-07-oct-2021-166652-article/

[goforthand]

Any other bits turning in the area that would be close to TD?  I don't believe so but not certain.

[Ermosp]

Yeah i thought Exxon had 1-2 current wells being dug