CGX Energy Inc V.OYL

Everyone still love De Alba?

[westcanpride]

30% crash and massive questions remain about hydrocarbon quality. Hell, at this point, I am actually truly concerned they are fabricating the net pay thickness as well. If hole conditions sucked that much to prohibit any real well testing, those well-logs likely didn't collect great data either. 

At any rate, as shareholders, I think we are in trouble. CGX has no money and requires over $200MM USD to cover all required costs going forward. We also have no clue what hydrocarbons we have, and talking to any geologist, determining hydrocarbon type from chip cuttings is very difficult at best. No company looking at the data room is going to pay a premium to JV when basic technical data is still absent. In fact, given how little data they acquired on Kawa-1, at a minimum, at least two more appraisal wells will likely be required on the Kawa field before any FID is made regarding production... another $240-280MM USD! 


Man, what a joke. Unfortunately, let emotion carry my thoughts the past month with CGX as opposed to my brain and I am being punished severely for it right now. Serves me right.

[Investnowplease]

Yes lots of questions. Sounds like a gold stock from years pastvthstvyhey made a movie on. Lol There will be huge questios asked by governing stock exchange bodies. This will be very interesting. There lack of information release will prompt that.  when reading the press release again this stonks even more. Personally i think the chairman of Frontera has openned himself up to legal

[Investnowplease]

Yes lots of questions. Sounds like a gold stock from years past that they made a movie on. Lol There will be huge questions asked by governing stock exchange bodies. This will be very interesting. Their lack of information release will prompt that.@ when reading the press release again this stinks even more. Personally i think the chairman of Frontera has openned himself up to legal questions