Welcome To The CGX Energy Inc HUB On AGORACOM
Edit this title from the Fast Facts Section
Message: David Pescod Letter
POSSIBLY 2 to 4 JOINT VENTURE PARTNERS
CGX ENERGY (V-OYL) $1.10 -0.04
We might have been mentioning CGX a little too much over the last
bit, we’ve been waiting for so many years to get to this point it is going
to be fun to follow this story.
We do hope people are aware that their deep well the Jaguar will take
up to six months to drill and test while their Eagle could be three
months as big wells take big amounts of time to drill and test.
What Chairman Kerry Sully is enjoying most about the company
right now, is its ability to attract top-notch people to the team.
He points out that Stephen Hermeston, current President and CEO
has over 30 years experience, including being the former Exploration
Manager for Guyana and Carribean for Repsol and prior has held senior
management positions with Tenneco, Conoco, Chieftain and others.
Micheal Stockinger, the COO has over 35 years of E&P drilling operations
experience, including being the former VP of drilling with corporate
biggie Anadarko Petroleum. As well as senior operations positions
with Kerr-Mcgee, Conoco and others.
Dewi Jones, the Executive Vice [resident and General Manager also
has 25 years experience in Latin America and was previously Exploration
Manager for Guyana and Carribean for Repsol.
John Clark, the Vice President for Business Development, for two
years running was Canada’s top ranked oil and gas analyst.
Yes it’s quite a team.
Sully does get excited about one other point, and that one of their
endeavors is to possibly have between 2 to 4 other joint venture partnerships
put together in the coming weeks and months, which would
give them 4-6 wells going possibly this year, and increases the odds of
one of them hitting.
2 Recommendations
Loading...
Loading...
New Message
Please
login
to post a reply