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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 OIL_RUNon Sep 10, 2012 2:48am
707 Views
Post# 20341247

SEPT-04-2012: CORMARK SECURITIES

SEPT-04-2012: CORMARK SECURITIES

Below is a recent analyst report from Cormark issued Sept-04-2012. The report does not have any positive information - target price is reduced to .25.

https://cgxenergy.ca/cmsAssets/docs/analysts/Cormark/Cormark%20Securities%20-%20Sep04-12.pdf

Bullboard Posts