CGX Energy Inc V.OYL

Alternate Symbol(s): CGXEF

Energy Oil & Gas E&P

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.

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CGX Energy Inc

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Post by OIL_RUNon May 09, 2012 5:38am

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Post# 19888164

Feb. 4, 2012: Tullow appoints Barclays Capital, Mo

If Tullow wants in they can certainly start accumulating shares. It certainly is cheaper to buy CGX stock than pay to JV with them at these prices...

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February 4, 2012

Tullow Oil Plc has appointed Barclays Capital and Morgan Stanley to jointly serve as its corporate brokers.

In a brief statement February 2, 2012, Tullow said “it has appointed Barclays Capital and Morgan Stanley & Co. International plc as joint corporate brokers with immediate effect.”

The company is listed on both the Ghana Stock Exchange (GSE) and the London Stock Exchange (LSE).

Tullow is the lead operator at the Ghana’s Jubilee oilfields.

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