CGX Energy Inc V.OYL

Re Kahuku

[taal]

Wouldn't that be something if they hit....How Cgx and Fronterra let Repsol steal cgx share of that license is beyond me....

[soulfire]

Taal because they don't have an oil man running the company. Suresh has no clue, all he cares about is his pay cheque. Normally I root for Guyanese, however in this particular case Suresh is a liability.

[soulfire]

Forgot to mention. The only company that considers Suresh an asset I'd Frontera.

[AnMar]

Can you imagine, no one on the executive team thought about the lease lapsing; they were all too brainless to make sure someone would be renewing the license - incredible show of incompetence/ineptitude by the board at that time. Everyone thought someone else would do it - not enough skin in the game and I fear nothing has changed on that front.

[waitingstill]

Seriously? They were not the operator of the block. It was Repsol. CGX backed into their 25 percent stake by buying out another company. Repsol did not want CGX hanging around so they let the lease lapse and then picked it up after everyone else was dropped out. Then they brought Yellow back in leaving CGX out in the cold. It was "dirty pool" as evidenced by the court decision in CGX'

[AnMar]

other's doings? BS - just because you sign an agreement it doesn't release you from monitoring that agreement. Who said CGX was the operator? If that is how you monitor your investments/gamblings then you are surely sunk. Lol waitingshill - you must be cut from the same kind of stupid that CGX management was if you would release them from having any responsibility for the license lapse

[waitingstill]

Okay genius, CGX was a minority interest in the block, had no money, had no revenue, had no method to raise money and was a "hanger on" for the block. Tell us what a genius like you would have done? As for my investing, I am free riding more shares than I have ever had before. All my capital is out and I still have more than a 300 percent return on my original very sizable investment

[chulo123]

My point is that some confidence has broken beetwen Guyanes part and FEC. You must remember that OYL has got 2 CEO. Each one can cominment the company with legal engagements. How can I explain that in this agreement there are such a distrust that they must inked " CGX is also required to repay all of the Loan that is outstanding in the event that without the consent of Frontera, it

[AnMar]

You are just a big-time BS'er who can't accept the loss that you now have. You have just proven to the board that you are even more arrogant than I am. Since you really don't offer anything useful in the majority of your posts (other than to criticize others), and to avoid poluting the board with our mutual admiration for each other, I will just put you on ignore with the other

[catkin]

Over the years, Waitingstill has much more that you will ever! There used to be many more good posters on this board, now there is a lot of trash!

[waitingstill]

Thanks catkin.

[waitingstill]

Just as I thought. You have no answer. Just a lot of whining and complaining.

[jtdd]

Anmar, I fully believe that Waitingstill has always maintained an honest and transparent view with regards to this company. There have been many occasions over the years that have tested my faith in the management of the company but at the end of the day, I have always tried to be optimistic and held on, not in like Waitingstill. With personally having so many shares over such a long period of