CGX Energy Inc CGXEF

Primary Symbol: V.OYL

Energy Oil & Gas E&P

CGX Energy Inc. is a Canada-based oil and gas exploration company. The Company is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in the Berbice, Guyana. The Company holds interests in three petrol prospecting licenses, such as Corentyne, Berbice, and Demerara Blocks in the Guyana Basin. The Company has drilled two operated exploration wells on its offshore Corentyne Block and drilled three more exploration wells on its onshore Berbice Block. In addition, it has acquired and processed over 7,000 square kilometers of three-dimensional (3D) seismic data on its offshore licenses. The Company through its wholly owned subsidiary, Grand Canal Industrial Estates Inc. The Company is engaged in the development of the Berbice Deep Water Port in Region 6, Guyana. Its other subsidiaries include CGX Resources Inc., ON Energy Inc., and others.

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CGX Energy Inc > Trading

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Comment by Schreibzeyon May 15, 2024 11:17am

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Post# 36041173

RE:Trading

To this point, both Anon and CIBC are net buyers in the month of May....along with Raymond James which ironically had that large overhang sell order while the short borrow rates were high. Good news, the short borrow rate has also been the lowest in a few years since 9 May 2024, both on the US side and Canada.

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How a junior advances one of the largest undeveloped diamond projects