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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 > To avoid slow deep under-reaming
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Post by dragonfly454 on Sep 05, 2022 9:31pm

To avoid slow deep under-reaming

page 17 of the August presentation...Improved well design ....nothing impresses me yet .DST any thoughts...? This thesis looks weaker than Kawa ..I want to be optimistic but being real at this time ... Still waitingstill what's up ock?
Comment by BoykJurko11 on Sep 06, 2022 5:34am
Dfly, Dirk has found a new calling in life selling peanuts and doubles on the highway to Port of Spain with the Rastas.Undereaming is slow and chews up a lot of time. They talk about a problematic Campanian on Kawa. Did they have to run an emergency liner to get some unexpected problem zone isolated and then have to undeream below the liner shoe to get back to the original planned hole diameter ...more  
Comment by dragonfly454 on Sep 06, 2022 8:19am
Yeah..DST doing what he loves I guess..but for this company claiming to have the state of the art seismic data and still putting up hand painted watercolors with the oil drawn in is pathetic.. Exxon is using the best seismic 3-D and hitting it..but I guess the best 3-D seismic in this case might show there is nothing there to hit...but they keep reaming..and putting out watercolors like John Knapp ...more  
Comment by BoykJurko11 on Sep 06, 2022 9:16am
Yeah I'm into relearning Lagrangian and Eulerian math now. Just the basics though. Reference frames changing how they move relative to one another.Trying to apply the concepts to finance. Here's one application: Inflation will drive interest rates up. Oyl's value is almost totally dependant on fec's financial health. How interest rate sensitive is fec? Can they absorb the negative ...more  
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