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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

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

Bullboard Posts
Post by catkinon May 07, 2012 7:06pm
405 Views
Post# 19882237

Comedy of errors

Comedy of errors

No matter what happens next, I hope that management makes a better decission, with regards to the choice of a JVP, than it has regarding drill locations!

We should unilaterally voice our displeasure at the next Annual General Meeting!

This has been a very dissapointing day! On of many in the history of this Company!

I, like most of the long termers, have to stick with what we have and keep our fingers crossed!

Batten down the hatches for a (short term) rough ride until they announce the find at Jaguar.

Bullboard Posts