Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Further
View:
Post by Dirksidetrack on Feb 03, 2022 5:04am

Further

Further to my last post: My working assumption and theory is that there is a huge listric fault covering a large area that is the migration pathway for all of the oil feeding the reservoirs (Maastritician, Campanian, Santonian). If valid, then both oyl and fec are way undervalued. I think that's why they drilled into the Coniacin. They wanted to get the fossils to build their geological models.

The bashers are completely crazy. One of them said that there would be oil stains on the drill string if they drilled through oil bearing rock. What a pile of garbage! It would get emulsified in the mud before it could coat anything. The geologists would see it in the cuttings samples though, when they put the samples under UV light to see if there's florescence. If yes, then there's oil in the pores. Lwd would pick it up also. They already reported that both lwd and cuttings samples had hydrocarbon shows in numerous formations.

Yet I love the bashers comments. It gives others an opportunity to refute them with facts. We need Plainview Oil here as well as Dfly. I say let the bashers bash and let others comment in order to build a proper model of what we have there.

Comment by dragonfly454 on Feb 03, 2022 5:51am
DIRK the Coniacian aged sediments are the infilling of the deeper channels different with the sloping and sediment movement etc etc.the Berbice Canyon role in the whole layout will now be understood somewhat but not fully because of the events that took place creating paradoxes at certain levels .in the meantime you have the siphons installed just south of Lau-Lau and Maka-Central ..why worry ...more  
Comment by Dirksidetrack on Feb 03, 2022 6:45am
So the Berbice canyon was formed before, at least 103 million years ago, pre Coniacin, when South America was located out in the present day Atlantic rotated counter- clockwise when most of the northern part of South America was drained by the Berbice River and not the Amazon because the Amazon didn't exist back then.Only when the South American plate run up against the Nazca plate did the ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities