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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 > Any update on activity around the Rig?
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Post by lexxus296111111 on Jan 30, 2022 9:52pm

Any update on activity around the Rig?

Thanks
Comment by tiger77 on Jan 31, 2022 7:13am
Nope, still at anchor and supported by Breaux, Polaris, and Enav.  Pacific Dutchess (anchor handling vessel) is gone so they are still drilling ahead clearly. Patience is needed but I wouldn't want to be on the sidelines at this point.  Look at Apache for reference.  Halted for news on a JV, week later released huge results and the SP doubled to $30.  While I don't ...more  
Comment by CLOUDER on Jan 31, 2022 8:34am
wow  tiger,  a hole $5  a share.  maybe with a SMALL  discovery like 100  million  barrels,  but  you do know that they are  targeting  BILLION  barrel  targets  don`t you?   need to update your  #`s  a bit man or you have waited  this long for really  not much.   oil run  i think was ...more  
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