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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: $0.23 | Change: $0.00 | %Change: 0.00%
Volume: 4,000 | Day High/Low: 0.23/0.23 | 52 Week High/Low: 0.60/0.165
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2.5 stars

RE:RE:BNN - PRE

Consider this, PRE has about 613mil 2P reserves according to their latest presentation. Kabukali I believe is estimated at 465mil barrels. Can you imagine if CGX hits how that would affect PRE...read more
0 stars

RE:BNN - PRE

So what your saying is they might not be able to help but they really need this play to work.  rate and reply
0 stars

BNN - PRE

One of John Stephenson's top picks on BNN today was to SHORT PRE. Massive debt, insider selling, overstated reserves. Thinks they're going under.  rate and reply
2.5 stars

RE:RE:RE:RE:RE:New Presentation as of today also

That looks like the only hope, same scenario as last time CGX had to drill and Tullow hit off French Guyana and the SP of CGX spiked, other than that PRE is in bad shape with debt and losing major...read more
0 stars

RE:RE:RE:RE:New Presentation as of today also

From what I recall, CGX asked Guyana to extend the expiration of the current license from May to Oct 2015 so that they could have sufficient time to drill. I also recall that CGX has contracted that...read more
0 stars

RE:RE:RE:New Presentation as of today also

No.Just a financing in June . At least PRE is being forced to drill , with their Columbia field contract gone in the next year.  rate and reply
0 stars

RE:RE:New Presentation as of today also

did I miss something? I don't see any drilling this year?  rate and reply
0 stars

RE:RE:New Presentation as of today also

"Perhaps some of that $500mil will go towards funding CGXs drills? Who knows now." Waitingstill; if some of that goes to CGX, the stock will rocket to above $1.20 instantly. CGX could then...read more
0 stars

RE:RE:New Presentation as of today also

Waitingstill read pg 12 of their presentation, they fast track some of the work and a final analysis is due in June. So I think they are saying they have an idea of where the target is.  rate and reply
0 stars

RE:New Presentation as of today also

Presentation looks good. Very bullish. Too bad about the money thing. Is that important?! Yeesh. Wish they could get a JV already. Not looking good on that front. I note that it says a financing due...read more
0 stars

New Presentation as of today also

http://www.cgxenergy.ca/cmsAssets/docs/presentations/CGX%20Energy%20Inc_Corporate%20Presentation_March%202015_v2.pdf  rate and reply
0 stars

New Posting at CGX website

Issued new share to complete deal with marine surveyor.  rate and reply
0 stars

RE:Apache starts drilling in Suriname as well

Here is another article from Aug 2014. In this one, they talk about a depth of 5000m, much deeper than Exxon. But this says in only 650ft of water while the other, more recent report says 1492m deep...read more
5 stars

Apache starts drilling in Suriname as well

http://www.staatsolie.com/pdf/offshore-olieboring-in-blok53_eng.pdf  rate and reply
0 stars

sweet deal

Back To Today's News   Malaysian oil giant Petronas takes share in Suriname exploration   Email To Friend ...read more
0 stars

Our first HOPE!!

Despite objections from Venezuela, ExxonMobil launches search for oil off Guyana's coast Published March 07, 2015/ Fox News Latino Guyana Venezuela Oil.jpg (Photo by Chris Graythen/Getty Images...read more
0 stars

RE:new well spud in Guyana

Thanks ranman1! I could not access the article but they had this catch line available: ExxonMobil has spud a closely watched well offshore Guyana after a Transocean drillship arrived offshore earlier...read more
0 stars

RE:RE:Question

Difficult to know what you are talking about - Exxon spud or CGX spud. Seems like both are progressing. As per previous link, seems like Exxon has spud. As for CGX, they have not been able to sign a...read more
0 stars

RE:Question

any thoughts on this  rate and reply
0 stars

new well spud in Guyana

http://www.upstreamonline.com/live/1393644/exxonmobil-spuds-guyana-wildcat Exxon has begun drilling in region  rate and reply