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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 > second week August
View:
Post by westcanpride on Jul 18, 2023 1:34pm

second week August

Is when Frontera and CGX will most likely issue their second quarter results. Hopefully in this release, they announce oil within the Santonian... cause it does not take months to do some lab tests on their core plugs/chip cuttings and callibrate with their high resolution logs.
Comment by soulfire on Jul 19, 2023 8:33am
WCP what is a realistic timeframe to get labwork completed?
Comment by westcanpride on Jul 19, 2023 9:18am
Four to six weeks! Conventional core analysis is super defined these days. Wouldn't surprise me if they already have a large majority of the data completed and are now integrating it into their models. 
Comment by Kelvin on Jul 19, 2023 9:56am
Wcp, Especially if they ran the magnetic resonance spectostrophy log. I was reading up on it. It can give you info on near bore hole porosity, permeability, pore fluid properties and composition. So feet of pay and pore fluid info is probably already known near the bore hole but, again, I'm no wireline logging expert. I'm simply repeating what I googled.  I guess that they have to ...more  
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