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CGX Energy Inc V.OYL

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  CGXEF

CGX Energy Inc main business activity is petroleum and natural gas exploration in offshore Guyana, South America.
Price: $0.40 | Change: $0.00 | %Change: 0.00%
Volume: 431 | Day High/Low: N/A/N/A | 52 Week High/Low: 0.60/0.18
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0 stars

RE:RE:2nd quarter 2016

I spoke with Mike Galego Waitingstill. the Q2 2016 is for the Demarara block, the Corentyne block is set for Q3 2015  rate and reply
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RE:2nd quarter 2016

Why Q2 2016? They have an extension to drill on that concession only until Oct 2015. That means that they have to spud by that date. Where did you get Q2 2016?  rate and reply
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2nd quarter 2016

This stock is the longest of the longs. CGX won't even begin to drill until the second quarter 2016. With results about three months after that. This is taking so long!  rate and reply
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Saudi Arabia cuts oil production

Saudi cut supply to the market by 328 000 barrels ,hoping other OPEC members follow.It's a start at least to higher prices.The more I think about Prospector being a partner the more I like it, more
3 stars

RE:RE:question for the board

It's probably a combination of the two, CGX doesn't have the cash to pay for sciemic and Prospector agreed to cash to cover their cost and shares for the rest, probably got a look at the old more
1 star

RE:question for the board

YEs CGX is short of cash and seismic operator accepted part of their fee in the form of company shares.  These kind of deal are not the norm but not uncommon either (for juniors).  rate and reply
0 stars

RE:question for the board

I think the CGX gurus are in hibernation, and i cant anwser you. sorry man.  rate and reply
0 stars

question for the board

Sure is quiet .... have a question ,like to hear boards opinions and why? When cgx signing the agreement with Prospector there were Two possible scenarios 1.Cgx farmed out seismic with the intent more
0 stars

RE:RE:RE:Operational Update

who do you believe the partner is? CNOC ?  rate and reply
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RE:RE:Operational Update

Waiting still, It is my belief we know who the JV partner will be, but we don't know the terms. Luckily , the PRE guys are not at their first rodeo. All good news for shareholders. We have a more
0 stars

RE:Operational Update

Interesting. Good to see we are slowly moving forward. Obviously we are going to be drilling some time in the intermediate future. For PRE to start fronting money at a reasonable interest rate is more
0 stars

Operational Update something to take your mind off all the ReD  rate and reply
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inpex oil discovery  rate and reply
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Thanks for the post OIL_RUN.  Great find as always! Hopefully this will help to derisk this a bit and we can get the show on the road here.   GLTA  rate and reply
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RE:RE:RE:Re Prospector

For my world class play, they can have my stock at 5 bucks. Everything will depend on the interest CGX has left, the price of oil and of course stock market hype in the day. Then there is the more
5 stars


Very interesting development offshore Senegal - Cairn has announced a material discovery (prospect size is around 900mmboe).  The prospect discovery was targeting cretacous stratigraphic more
0 stars

RE:RE:Re Prospector

So in this world class play is their going to be any money left for the ordinary shareholder? the_clamp thinks we'll be lucky to see $5.00, for those who have been in this for a while this may more
0 stars

RE:Re Prospector

After all these years and the resulting pain, the story builds in our favor. Those who buy at this level up to a buck will be happy. Remember, PRE was buying over a buck until last more
0 stars

Re Prospector

Thank you pathfinder I have confirmed that prospector is in fact a subsiduary of BGP who is owned by China petroleum  rate and reply
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Re tiger....Prospector

Tiger 77 again prospector is the vessel and may be owned by CNPC which is the parent company of Petro China but Cgx DID NOT SIGN an agreement with Prospector [the seismic vessel]they Signed more

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