Oilshaman
Posted - 37 minutes from now
$CGXEF Where is the follow up for significant commercial interest announcement?
Richardface47
Posted - 1 hour ago
$CGXEF Just weighing in on the this year/next year sale. Seems to me like Guyana has very little patience with this company and that a sale is based entirely along the government's good grace. I can't see them waiting an entire additional year for CGX to sell...if they are allow at al.
StockTicker101
Posted - 12 hours ago
$FECCF $CGXEF What may push these companies to get a sale done this year rather than next:
CGX Resource Inc location:
Bahamas: The government presented a bill to the House of Assembly on 16 October 2024 that would introduce a domestic minimum top-up tax that is aligned with the OECD's Pillar Two global tax framework. FRONTERA AND CGX location:
Canada: On 12 August, the government announced a public consultation on various tax proposals in Budget 2024, including draft legislation that would introduce a 15% UTPR on profits of covered MNEs, regardless of where they do business.
hpomeroy
Posted - 1 day ago
$CGXEF I'm feeling a deal before end of year...I.M.O...
A2B_DDEnergy
Posted - 1 day ago
$CGXEF Maybe CGX FEC IR's can send me a "For Sale" flyer to drop off with Chevron plus I'll start advertising outside the offices here...
StockTicker101
Posted - 1 day ago
$CGXEF $FECCF People are wondering why Frontera and CGX are being so secretive. Here’s my opinion:
They have “Material information” regarding the Guyana block, these are reasons why they wouldn’t need to disclose…. (Seems like they fit the bill to me!)
From the TSX: “Securities legislation permits a company to delay disclosure of a material change and to keep it confidential TEMPORARILY where immediate release of the information would be UNDULY detrimental to the company's interests.” Then it gives the following examples in attachment: (Tell me this if the government told them they lost the corentyne block would it be UNDULY detrimental to the company to release, I don’t think so. If it happened it happened we would deserve to know, as negative news must be reported immediately, which is why that can be ruled out)
sanbar
Posted - 2 days ago
$CGXEF gobble gobble them cheap up!!!
StockTicker101
Posted - 3 days ago
$CGXEF $FECCF Frontera Guyana is located in Bermuda and as of January 1, 2025 corporate income tax for companies making over 750m euros will pay 15% tax from 0% the year before. Another reason to get this deal done in 2024!
Tanman1914
Posted - 3 days ago
$CGXEF $FECCF FUN FACT! Lol this might be a reach! 🤣
Exxon just purchased a couple new FPSO’s … what’s the name of one of them? “FPSO Jaguar”… what was one of CGX first ever offshore wells drilled in Guyana called… “Jaguar-1 well”
Hmmm.. could it be a coincidence? 🤔
Caat
Posted - 3 days ago
$CGXEF Don’t want it to go up too much too soon. It might scare away Fronk. We’d all miss him I’m sure.
JammyGitTradaz
Posted - 3 days ago
$CGXEF when we getting the green light here?!
DrDayTardy
Posted - 3 days ago
$CGXEF hey look more upward buying- so odd given we “lost” the Corentyne block 😂
Someone needs to go rattle Jagdeos doors at his paddock down there. Maybe get some info from him with a hidden camera and promises of more bribes.
Tanman1914
Posted - 4 days ago
$FECCF $CGXEF (Post 2 of 2)
August 7, 2024
The Joint Venture, with support from investment bank and capital markets
experts Houlihan Lokey, continues to actively “PURSUE” strategic OPTIONS to unlock the potential of the Corentyne block.
November 7, 2024
The Company is “REVIEWING” all available ALTERNATIVES [or options] to safeguard its interest in the block AND GUYANA.
Why would they say block and “Guyana” if they lost the block? It would only make sense if they are selling cgx energy with port and everything. Why move cgx shares recently into a holding company in Netherlands? (For Tax savings when selling and easier to transaction with a major)
Why are 2 lead hands of the Guyana block dismissed in October? ( There technical expertise are no longer needed - they have offers being reviewed and close to making deal)
Why no mention of Houlihan Loukey? (Because there marketing job is finished and they have a deal in place)
My opinion, give me your thoughts!
Tanman1914
Posted - 4 days ago
$FECCF $CGXEF A DEAL IS GETTING DONE!! (Post 1 of 2)
May 8, 2024 Press release Houlihan Lokey Supporting Active PURSUIT of Strategic Options for Corentyne Block
Houlihan Lokey, a leading global investment bank and capital markets expert, is supporting active pursuit of strategic options for the Corentyne block, including a potential farm down, as it seeks to develop this potentially transformational oil investment in one of the most attractive oil and gas destinations in the world today, Guyana.
June 26, 2024 press release The Joint Venture, with support from investment bank and capital markets experts Houlihan Lokey, continues to actively PURSUE strategic OPTIONS to unlock the potential of the Corentyne block.
StockTicker101
Posted - 5 days ago
$CGXEF “We have not made any other decision besides what was mentioned by the Vice President that is that the licence expired, CGX licence has expired, that is their exploration licence,” - Natural Resource minister in August.
They filled for the commercial license which is why he stressed that it was the “exploration license” that expired. This isn’t over
DrDayTardy
Posted - 5 days ago
$CGXEF jagdeos bluster must be a nothing burger…no one is selling anything and if anything there is more upward momentum than negative.
If the license was gone and the opportunity lost, this would have dropped much lower at this point. Not that there is much room to go
A2B_DDEnergy
Posted - 6 days ago
$CGXEF Anybody have a better overview or tracker on the CGX share holdings? I thought someone shared it before it just seems there is a lot less shares held by normal retail than one would imagine after I was reminded in the 2024 Q3 MD&A by the 15.5 million share past seismic payment. In general and who knows if any shares have been sold but the rough math I see...
334 million total shares
277 million held by frontera
15 million seismic prospector
?? CGX board
?? FEC board
?? Other contract payments
?? Guyana investors
?? Past CGX employees
so at most maybe +\- 40 million shares and the point being there has to be greater pressure to profit from the biggest share holdings, to Guyana gov, all the way down to us little stocktwits faithful peeps! Stay strong!!!
Happy Veterans & Remembrance Day to those that have served!
hpomeroy
Posted - 1 week ago
$CGXEF
A2B_DDEnergy
Posted - 1 week ago
@SheDrills @DrDayTardy @StockTicker101 $CGXEF wow I just noticed the Interim Quarterly MD&A so started looking through it. My eyes are tired so I will read it again tomorrow but noticed beautiful photos of the two completed port tasks (trestle ramp and mooring pylons). https://cgxenergy.com/wp-content/uploads/2024/11/MDA-and-Financials-for-the-nine-month-period-ended-September-30-2024.pdf
jtdd
Posted - 1 week ago
$CGXEF I just listened to the end of the conference call, they cut off the very end of what I said. I said something else after they told me it was a question for CGX and then they spoke to me again. How are they allowed to delete something at the end of the conference call? I went on to say something else along the lines that the response wasn’t good enough and that Frontera owns the majority of CGX; also, that they should supply some kind of information because of this, then they said again that it was a question for CGX. They cut that whole part out!
Here is the whole call with Frontera:
Encore Toll free Dial-in Number: 1-888-660-6345
International Dial-in Number: 1-289-819-1450
Encore ID: 90217
StockTicker101
Posted - 1 week ago
$CGXEF $FECCF Listened to the Guyana press conference yesterday sounds like there are no discussions going on between CGX and government but they are not opposed to them either. (1:32 mins in) (IMO they told CGX find a partner and we will issue the commercial development license to you) The fact that the 2 head geologists are gone from Frontera & CGX in October, plus CGX shares in frontera were moved to a tax haven holding company in Netherlands in October indicates that they are reviewing offers from majors or are already very close to closing with one otherwise they would still be trying.
Fronk
Posted - 1 week ago
$CGXEF Just a little longer. Pump is coming for sure so do not leave!
A2B_DDEnergy
Posted - 1 week ago
$CGXEF $FECCF Jagdeo see what happened to Biden/Harris! Guyanese and international investors can inform these PPP politicians it won't just be investor financial resources they lose but their jobs in the upcoming Guyana election Nov/Dec 2025 https://op.gov.gy/index.php/minister-ministries-and-contact-information/ Also, voice the dissatisfaction to Corentyne JV IR's just not Suresh's Trent University email lol
Phil_Leotardo69
Posted - 1 week ago
$CGXEF shesadope told the simps to buy this at a dollar. Shegetspounded should have told you to just buy an index fund instead
hpomeroy
Posted - 1 week ago
$CGXEF What cup is the liscence under??
SheDrills
Posted - 1 week ago
$feccf $cgxef re CC, IMO this is a Guyana political question. Politicians there don’t want to extend the license w/ the current JV. If the JV can attract a major to farmin & operate, then the license gets extended. In the meantime we are in regulatory limbo. I’m sure they are doing all they can to find a buyer but remember that oil is $75/bbl and the XOM/HES/CVX arbitration outcome is unknown
Stark150
Posted - 1 week ago
$CGXEF tried posting this a few times....pls forgive me if it shows up several times. Did everyone enjoy the 'HIT' piece done by seeking alpha. Is there no TRUE reporting anymore or is it all just PURE speculation and guessing? IF ANY of this article were true, would our sp not have fallen bigtime? It actually went up yesterday when the market always knows ahead of time!! We have an ASSET in the GOLDEN LANE and the dominos r falling....if there is ANYONE that thinks we have little or no interest, PLEASE sell your shares, i'm buying! lol btw, the last few lines of the CGX pr says we r giving up another 4.5% WI....THEN, it says "subject to govt approval"....hmmmm, does anyone think this is a rubber stamp approval?
StockTicker101
Posted - 1 week ago
$CGXEF $FECCF please let me know if this is sound reasoning. CGX/Frontera gave up their two key Guyana VP exploration geologists; Reagan and Mark in October. Why would they do that in October? If you were planning on saving your block from Guyana taking it, a person would continue to TRY to meet the governments requirement which is to find a partner which in that case you need these two too move it ahead. If they did lose the block they would need to immediately announce it based on TSX regulations. There quarterly they indicated that they still own the block so too me the only logical conclusion is that they either have offers on the table or have already sold. In which case they have 70 days to tell the market, but they want to finallize their other infrastructure sale too.
Houlihan Lokey was not mentioned either which to me indicates that they are no longer needed as a sale is completed.