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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 > WHAT IS GOING ON
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Post by firo1988gt on Jul 17, 2022 12:36pm

WHAT IS GOING ON

CGX and Frontier have both stated that WEI well would be drilled in the 3rd quarter of 2022.  We are almost into the third week of Q3 2022.  Not a peep of when the rig is comming.  The silence of this project is deafning.  I hope there will be a big announcement at the AGM.  GLTA  FIERO
Comment by Goldrush97 on Jul 17, 2022 9:46pm
The rig will probably be late as was the case with Kawa.
Comment by fottom on Jul 18, 2022 2:24pm
I can't find any news or updates on how Shell and Maersk Discover doing in T&T. Maybe at their quarterly.
Comment by yureja5 on Jul 18, 2022 12:30am
This post has been removed in accordance with Community Policy
Comment by Roenbo on Jul 18, 2022 2:41pm
They already informed long time ago, that the rig is drilling at another costumer, and will only come to Wei once finished at other job. Like with kawa maybe the drilling is causing delay, thus the rig will mot be released an ready.
Comment by fottom on Jul 18, 2022 5:27pm
True true.  I've got to think Shell's investment community is awaiting results with baited breath so hoping we get some update from Shell on progress.
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