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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 taalon Jun 12, 2024 7:27pm
141 Views
Post# 36086073

Wei 1 discovery

Wei 1 discoveryI think everything  in your post is all Conjecture...yes there is a substantial capital for infrastructure but that goes hand in hand with deep water discoveries..Exxon not being interested and focusing on thier property again just your opinion...Your whole post is skewed in negativity...No one ...none of us know what is really going on ..but ....when it walks like a duck...sounds like a duck...chances are Its a duck...Cgx closed thier offices...Fec separated thier assets for an obvious sale...We have 2 independent  reports showing 500....610..million barrels just in the Mastrichian and forget the Campanian and Santonian and how many targets to drill in N Corentyne..  And No One is interested?? An estimated  1.5 billion ....7 billion  barrels in N .Corentyne and we cant find a suitor...
I say B.S.   With no news and the blatant  manipulation of our share price...I say they are definitely  in Negotiations with someone..Who ?? No idea...but I think we are good...Time will tell..
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