Exchange: OTC·Updated 03:13 PM EDT

CGXEF CGX Energy Inc

$0.1331
$0.0215
(13.91%)
Today
EarningsMay 2
Mkt Cap$45.07M
Vol79,929.00

About CGXEF

CGX Energy, Inc. engages in the acquisition and exploration of oil and natural gas properties. It focuses on the Petroleum and Natural Gas Exploration in Guyana, and The Berbice Deep Water Port Project. The company was founded by John Cullen and Edris Kamal Dookie on February 21, 1994 and is headquartered in Toronto, CA.
17

Extremely Bearish Sentiment

How do you feel about CGXEF?

Stark150
$CGXEF hmmmm......seems to me if there r SEVERAL interested parties in the Corentyne, and why wouldnt there be, especially now with wars going on and oil $100+, AND all the value we currently have (to long to list)......why would Total be 'aggressive' in their bid?? EVERYONE looking to produce and invest in a safe haven!!! I say the OPPOSITE.....with MORE than just them interested, they r going to have to OUT BID any one else! That does NOT mean being cheap on up front money or other terms! For ANYONE to suggest at this point CGX will be 'squeezed' out is NOT aware of our history.....CGX could have been squeezed out SEVERAL times over the past few years, even MORE before that......yet here we r???? We r NOT going anywhere! GLTA$$$$$$$$$$$$$$$$
15
spal4000
$CGXEF $FECCF Guyana does not want a drawn-out, multi-year ICSID arbitration that freezes development on Corentyne while neighboring Stabroek and Suriname blocks pump hundreds of thousands of barrels per day. Conversely, Frontera/CGX do not have the balance sheet to finance a $10B+ deepwater FPSO development alone. This sets up a commercial settlement scenario: Farm-Out / Relicensing Settlement: Guyana grants a fresh, clear Petroleum Agreement to a new operator (a Major with deep pockets), while forcing that operator to pay an upfront cash settlement or carry/overriding royalty (ORRI) back to Frontera/CGX to extinguish all arbitration claims and clear title. Direct Cash Settlement / Buyout: Guyana or an incoming buyer reimburses Frontera and CGX for past sunk capital expenditures (~$300M–$500M) plus a negotiated discovery premium. This is how this plays out.
12
Zacze
$CGXEF Part 1 - Interesting how in last couple months 3 names are popping up.. QuatarEnergy-Petronas and TotalEnergies.. - Last year in November 2025 QatarEnergy signed a major Production Sharing Agreement (PSA) for shallow-water Block S4 offshore Guyana. - The Consortium: TotalEnergies operates the block with a 40% stake, while QatarEnergy holds 35%, and PETRONAS holds the remaining 25%. - Exploration Mandate: The rules of the 5-year agreement require the group to pay a $15 million entrance bonus and conduct $25 million worth of seismic work during an initial 3-year phase. - Deal was based on new 2022 “modern” Guyana framework % benefiting more Guyana than previous 2012 deal heavily criticized by current government. - Why would all 3 parties mentioned above rush into this new deal so unfair to them compared to Exon deal unless:
10
hpomeroy
$CGXEF No strait of hormuz or houthi rebels in the golden lane..investment dollars should be eager to do business in offshore guyana/ Suriname....
10
Gchi
$CGXEF It’s interesting that the news publications are suddenly talking about the Coryntene again. Where there’s smoke there’s fire?
9
spal4000
$CGXEF $FECCF The Clock Matters Now Retrofitting an FPSO or subsea manifold to accept a major tie-in after it has been built and deployed is extraordinarily expensive. It is vastly cheaper to pre-engineer spare capacity into the subsea system during the initial design build. Total needs to decide today whether to equip the GranMorgu FPSO hull with extra riser slots and subsea manifold connection ports to handle fluid streams from outside Block 58. Subsea tie-backs require matching pipeline metallurgy to the specific crude/gas condensate viscosity, hydrogen sulfide content, and gas-to-oil ratios (GOR). To route Kawa-1 or Wei-1 production into GranMorgu, Total needs access to Frontera/CGX's detailed well assay data to engineer the subsea flowlines correctly. This engineering reality is why the GranMorgu progress report puts immediate pressure on the Guyanese government, TotalEnergies, and Frontera/CGX to resolve the title impasse and execute a commercial data-and-access agreement.
8
From14226
$CGXEF The Houthis have taken Mokha, a port on the Red Sea coast near the Bab el-Mandeb Strait. For Europe(and for all of us), this means the following: Bab el-Mandeb is the maritime gateway to the Red Sea, the Suez Canal, and then on to the Mediterranean. If it becomes too dangerous to sail through the strait, ships have to reroute around Africa. That takes longer, costs more, and means higher insurance and freight costs. More expensive oil + more expensive shipping = upward pressure on gasoline and diesel prices. At the same time, Iran gains the ability to put pressure on two key chokepoints at once — the Strait of Hormuz and Bab el-Mandeb. The Houthis are already preparing for further advances to the east. So now the question is how much oil(!!!), fuel, and shipping(!!!) will cost over the coming months. To put it simply: hello $150 oil, hello “safe haven” somewhere off Guyana, hello Qatar!! Life has never been this interesting.
7
From14226
$CGXEF The takeaway from today: pretty unusual volume on both markets for a Friday. As usual, it probably means nothing… or maybe it doesn’t ;-) Have a great weekend, everyone! And for those who enjoy “digging the grave,” Monday looks like a perfect time to sell :)
7
spal4000
$CGXEF $FECCF Standalone Corentyne Cost: $8B–$10B+ (Requires a dedicated FPSO, full subsea infrastructure, export pipelines, and standalone operating facilities). Corentyne as a GranMorgu Satellite Tie-Back: ~$1.5B–$2.5B (Requires only subsea manifolds, jumpers, and a 35 km tie-back line directly to the GranMorgu FPSO). Get set.
6
From14226
$CGXEF Let’s play conspiracy for a minute :) The October 15 voter list no longer works for them, so they cancelled it.
5
Fronk
$CGXEF This is exactly right. Finally someone who sort of gets it. I didn't have an argument with fatdrills; it was me trying to help everyone see what this company is and her leading others into the slaughter. I told everyone she would leave you high and dry. I was right. I am still right. See stock price. See company financials. See bogus discoveries and government deals. Where I was wrong is thinking people would see through all of this after years. Most people have, which is good. I suppose there will always be the few who just can't accept when they are wrong and take a loss. Hate me all you want .... I have been right 100% of the time. How are your accounts baggies? Clowns.
2
Fronk
$CGXEF This ticketr died a long time ago. There are a low number following and around 3-4 people still puckering their butts hoping for a miracle. 🤡
1
Fronk
$CGXEF I am a master manipulator! The bear king! I shift markets! I am here to drive this stock price down! OR This company is a financial scam stock. You got pump and dumped and your ego is too big to admit you were wrong and take the loss. Hmm......tough to think through. 😂
1

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