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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 > Exhaustion!
View:
Post by Phantomblogger on Dec 09, 2023 4:40pm

Exhaustion!

PFE came in and slowly relegated that "large group" to a "small group"!
The most astounding thing is when Suresh agreed to give up half of the company for one drill, even though we supposedly found a ton of oil in Kawa and will find tons of extra oil in Wei!
Are they incompetent, or crooked? One person spoke about "laundering"; I wish that person could elaborate some more!
One thing I know for sure, this band of smart-a$$es are dealing with some serious kleptos in the present government, so they better be careful! There are enough Guyanese who own this stock and who could surprise Suresh, DeAlba and their happy band of small time hustlers!
If Maduro and his clique of Elites in Venezuela, gets their hands on a majority of the Revenues from Exxon/Chevron/CNOOC operations, the kleptos will be raging mad; I hope DeAlba is ready to deal with some angry kleptos.
Like I said the Kelvin, "Two thieves make God laugh!"
Comment by Kelvin on Dec 09, 2023 8:58pm
Oh geez Phantomblogger, now we're getting into legal stuff which I know very little about. Here's my understanding: The well results are legal documents, logs, specimens etc. For example whoever logged the well produced logs that could be used as evidence in a court proceeding. They would be crazy to produce bogus evidence. Same with cuttings/core/fluid samples, drilling operational ...more  
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