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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 > Late results
View:
Post by waitingstill on Sep 27, 2023 1:15pm

Late results

Pretty sure results are NOT going to be out in the allotted 2-3 month time frame. I believe it is time to start bombarding CGX and FEC with Emails for an update on the core results, API results of Santonian and the timing of the Resource estimate. I just did. Please proceed as you see fit.

info@cgxenergy.com
ir@fronteraenergy.ca

Comment by soulfire on Sep 27, 2023 1:25pm
I did last week, no response as yet. On CGX website they encourage shareholders to reach out to them, but yet they don't have the courtesy or decency to reply.
Comment by Gtboy on Sep 28, 2023 10:04am
I emailed today and enquired about the status of the results and i received response saying that as soon as they have a material update they will release information. GLTA, GT
Comment by westcanpride on Sep 28, 2023 10:19am
Who knows, maybe they are taking extra time here to make sure they release the most ambiguous, poorly worded press release possible! 
Comment by Profittaker on Sep 28, 2023 12:31pm
I have emailed them a number of times and no response. Which email address did you receive a response from
Comment by tiger77 on Sep 28, 2023 12:40pm
Every once in a while you will get that exact precanned message from them but most of the time it's 100% silence.  I'm sure it was simply sent to info@cgxenergy.com.  They haven't answered my last 3 or 4 either
Comment by Strawboss1 on Sep 28, 2023 12:58pm
Same for me, I have sent several emails and not one response.??
Comment by waitingstill on Sep 28, 2023 1:03pm
Can you reply to them "missing your 3 month deadline is a material event. Shareholders deserve an update!" 
Comment by Coloradobuff on Sep 28, 2023 1:11pm
I'm long and holding but in another garbage company doing the same thing. They are eithe finalizing a JV or scrambling to figure out what to do next. The fact that they blew the last well by not getting the proper samples due to the drill or whatnot has hurt them. 
Comment by jtdd on Sep 28, 2023 2:04pm
Maybe they're waiting for Exxon to finish drilling Bluefin as that may help Exxon make up their mind. Bluefin can't be very far from Kawa, no?
Comment by Goldrush97 on Sep 28, 2023 2:43pm
That's another 3 mths lol. 
Comment by waitingstill on Sep 28, 2023 3:27pm
Based on published coordinates, I believe Bluefin is the northern extension of our Central prospect as the maps show it goes from Corentyne into Stabroek concession. Thus, it is like we ae drilling a third hole. Obviously that kind of data could be key to securing a better deal. Therefore it would make sense to wait for Bluefin to be finished. It was spud in Sept and it in deeper water with an ...more  
Comment by Coloradobuff on Sep 28, 2023 3:39pm
Some good assumptions by you both. That does seem plausible. Let's hope Exxon is the buyer 
Comment by westcanpride on Sep 28, 2023 4:29pm
I honestly hope we are not waiting on the Exxon JV to finish drilling their current well before inking any deal. Like seriously, do we not have any capable people within Frontera or CGX that can market their dataset correctly and thus seal a deal? Its always waiting for more data, waiting on more wells, etc. The primary reason I am against any waiting for Exxon to finish their well is that there ...more  
Comment by ljmorin on Sep 28, 2023 5:28pm
Unfourtunatly Waiting, No we don't have capable people within FEC CGX. No matte,r they should be able to take the highest bidder for the best Shareholder Value. The problem is the Government may get involved because they want the the production a the earliest possible time for royalties. There are advantages of EXXON taking a good run at it though with tie backs and all the infrastucture ...more  
Comment by TickerStock101 on Sep 28, 2023 7:25pm
If Bluefin is on the extension of the central northern corentyne block then I think we could say that Exxon has the well results from Wei and Kawa and they like them. In addition I think we can ascertain that FEC is trying to get prime dollar for their acreage as Exxon needs to be certain before paying top dollar that north central corentyne has oil. Thoughts?
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