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Bullboard - Stock Discussion Forum CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

Energy Oil & Gas E&P
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 > WOOD MAC
View:
Comment by Frank007 on May 21, 2024 10:28pm
I do not think as was indicated in the last dec information a standing shallow water platform would be much cheaper and easier to set up ...they are all over Louisiana   There are 12,000 around the world way cheaper than a fpso vessel ...
Comment by Kelvin on May 22, 2024 5:36am
Good morning Frank, I did some quick research on GOM gas production which is about 4.3 billion cubic feet per day.  Recoverable gas reserves are about 151 trillion cubic feet. Right now they liquify and ship a lot to Europe. Shell produces the most gss in the GOM. They also have a big gas project in Western Australia and in other areas in the world. They produce snd liquify at sea then pump ...more  
CGX Energy Inc
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