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CGX Energy Inc CGXEF


Primary Symbol: V.OYL

CGX Energy Inc. is a Canada-based oil and gas exploration company. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.


TSXV:OYL - Post by User

Comment by Frank007on May 16, 2024 4:26pm
134 Views
Post# 36044236

RE:$224 million CAD

RE:$224 million CADThe shares are just being run ...why else would Raymond James sell cibc 20,000 shares @$.315 at the close ...it's just a con game to shake you out ....Frontera is in bed with the banks ...they do not call you when they want a financing it the underwriters ..the bankster ...then the crooks unload the shares on the public ...lol ...hang in there the banks will show their hand soon enough .....glta...
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