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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 > Sintana energy
View:
Post by Harel1976 on Mar 15, 2024 9:28am

Sintana energy

Wrote here two months ago about it at 0.3$, yesterday results from mopane-2 confirmed an extension of 1 discovery 8 miles away!!! And... another discovery, third in this campaign, at deeper target.
Results of dst and ammounts in 3-4 weeks.. going to huge..
Now at 0.52 still a steal price, i estimate 0.7-0.8 on final results of the campaign.
At pel90 a well is expected by year end and a driiling decision at pel87 with the basin biggest prospect as well.
Comment by Kelvin on Mar 15, 2024 10:39am
Yup but all of this pales if they could ever get Kurdistan, Venezuela, Canada and Libya sorted out. With the exception of Canada It's the geopoltical mess that keeps things profitable. In Canada's case it's twinkle toes in Ottawa scaring off investors.
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