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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

Post by Frank007on Jun 01, 2024 5:57pm
175 Views
Post# 36067815

The private credit market is deteriorating rapidly …

The private credit market is deteriorating rapidly …Kevin ..that zero hedge artical is correct and alarming ...two weeks ago there was an interview on wall street week that framed the same concerns .....it crooked banks have run up against their tear 1 capital requirements and no are leveraging in the private Cristi market up to 5 or 6 more times ...its leverage upon leverage ...one down turn and this house of cards is going to go like 2008 ......
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