CGX Energy Inc V.OYL

Re thoughts

[taal]

Mat are you saying the cgx will keep the port ,Someone will buyout cgx 32%interest and Fronterra will stay on a majority shareholder...So cgx will have a sh..t load of money in the coffers and Fronterra will let Suresh run the ship...I doubt they want to be part of oyl with its only asset being the port..These guys can run a chip stand let alone a company with a whole lot of cash..I see Fronterra getting as far away as possible from cgx once the Corentyne asset is gone...Along with myself....

[westcanpride]

Everyone knows CGX is a joke who won't be around whenever first oil is ever produced.... but... why in the world would anyone want to partner with Frontera in any capacity? Seriously, what value would they bring to a big company in terms of deep water appraisal and production drilling? They don't have the financial means, nor technical, to make any meaningful impact.  End of day, I&

[waitingstill]

I think majors would want a billion barrels of oil so someone will make a deal with fec but i think it would be a deal that farms down fec to a much smaller minority interest - maybe 10-20 percent.Then that major will farm out a portion of their 80-90 percent to a company of their liking so FEC will become a silent partner. That is my guess.

[chulo123]

I would rather prefer a total buy out –CGX and FEC--. I can not imagine Suresh or Catalist—De alba—with such a huge cash in his pockets, deciding what to do with it. And we as a minority shareholders look astonished at how they decide what to do with our money. Meanwhile, for us, a total buy out represents a unique share Price. I ask.¿What  guarantee us that the money we receive for a

[Mat1791]

My thoughts also

[Mat1791]

Sure, good point