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CGX Energy Inc CGXEF


Primary Symbol: V.OYL

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.


TSXV:OYL - Post by User

Comment by Kelvinon May 28, 2024 8:34pm
219 Views
Post# 36061458

RE:RE:Contracts

RE:RE:ContractsOk time to lay out things in plain, undetstandable english. The JV for Corentyne is not between oyl and fec. It is between CGX Resources Inc (cgi) a wholly owned subsudiary of CGX Enengy (oyl) registered in the Bahamas with their own BOD, a private legal entity which legally does not have to report anything to the public because no public shares have been issued and a subsidiary of Frontera called Frontera Energy Guyana Corp (fegc). And don't blow back that this is some sort of sneaky subterfuge. You know where I got that info? From CGX Energy's public MD&A. They laid it out to everybody already. When they say do your own dd then you might want to at least read the MD&As where Warren Buffet says that the details are revealed.

I don't know. I can only play chess at about a 1500 ELO level no matter how much I work at it. Grand masters are at 2800. I keep on thinking that I'm not gonna outsmart someone like de Alba. So I gotta try to align with his interests. What does he want? 
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