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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 > Hiamara-2 & Bluefin-1
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Post by SportyJ on Sep 20, 2023 8:36pm

Hiamara-2 & Bluefin-1

Schreibzey has posted a map of these Exxon, to be drilled, wells in relation to Wei & Kawa over on ST.  They look pretty darn close to us. Exxon doesn't drill dry holes in the golden lane and offsetting us lends confidence that our results are promising. I also don't believe Exxon is only going after gas even though pluma and hiamara-1 indicated gas condensate in the shallower zones (maas/camp).  It's been posted that Exxon will drill the Santonian (per Todd Durkee @ the AGM).  Hess has also stated that the Santonian is on the list to exploit.

Folks, this is a really big development and super exciting.  Nice job Schreibzey!  All imo
Comment by TickerStock101 on Sep 20, 2023 10:45pm
So do you think Exxon bought the corentyne block and they are drilling these new well close by so then they can decide where to add a FPSO? Thoughts? @shedrills
Comment by TickerStock101 on Sep 20, 2023 10:53pm
So do you think Exxon bought the corentyne block and they are drilling these new exploration wells close by so then they can decide where to add a FPSO? Thoughts? @shedrills
Comment by SheDrills on Sep 21, 2023 9:46am
If Exxon is considering a hub FPSO on the Suriname end of the block then yes, Corentyne barrels become higher value to them to fill the hub.
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