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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 > No one's brought this up yet: lost injury time
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Post by Rapsani on Dec 16, 2021 1:21pm

No one's brought this up yet: lost injury time

The release states: "The Joint Venture is pleased to report that drilling operations have recorded only a single lost time injury since August."

What does a lost time injury mean?  Paper cut and stopped 5 minutes to put a band aid on lost a hand and drilling stopped for a week while it was investigated?

My thinking is if it was significant that could explain some of the delay.   Hope our rig/oil experts could shed more througts.
Comment by RHertig on Dec 16, 2021 1:50pm
It's a simple reporting term on someone getting hurt. Lost time injury is exactly like it sounds. If you get hurt and miss a day or more of work it is a lost time injury. It could be anywhere from a burn to material getting in someones eye and scratching it. 
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