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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
Comment by catkinon Nov 16, 2014 8:23pm
215 Views
Post# 23134634

RE:JV partner to be ExxonMobile??

RE:JV partner to be ExxonMobile??The article that you refer too states that Exxon will spend their money on their own PPL license not on CGX's. I personally feel and have stated repeatedly over the last three years on this board that Inpex will be the JV partner with CGX! Just my opinion, I am not wanting to start a rumor, but let's see who will be! I think that we will know pretty soon! All the best to the longs!
Bullboard Posts