CGX Energy Inc V.OYL

Not sure where you get that idea ….

[Frank007]

If ...and I say if ...the billion barrels is in place ....Frontera may be looking to exit but could easily put the fpso and equipment in place ...lifting costs all in $25- $35       Net $50 / barrel  x say even 100,000.    Well the numbers certainly work ....yikes.   Parex who is partners in Colombia and is a kindred canadian company could almost foot the bill just from cash on hand ...so to say they are under pressure to sell out for peanuts is totally miss directed ...

[westcanpride]

You make such simplistic statements Frank, I wouldn't be surprised if De Alba also thinks the same way.  Corentyne still needs multiple new appraisal and even exploration wells before any FID is ever made (look at Suriname with Apache as a case study). Right there is at least $1B in new wells, assuming drilling could be done much faster and more efficiently than the previous ones CGX