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.

TSXV:OYL - Post by User

CGX Energy Inc

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Comment by ljmorinon Feb 09, 2013 1:41pm

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Post# 20963193

RE: RE: RE: RE: RE: RE: Road to recovery

So Catkin I guess your saying you agree that they shouldn't have farmed out way earlier in this game when they actually had some stroke?[and money] Had they done so there would have been more wells drilled by now and probably still drilling. Jag 2 and Eagle deep for sure. But hey if you want to keep wearing those rose colored glasses, by all means proceed to dream in Technicolor. Always remember 20% of something is far greater than 100% of F-all. This isn't a hindsight is 20/20 thing, it's just how it's done.

Bullboard Posts

A junior copper-gold stock trading at a bargain of monumental proportions