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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 ljmorinon Jul 27, 2015 8:36pm
115 Views
Post# 23965240

RE:RE:RE:RE:yancy

RE:RE:RE:RE:yancy
Well done I thought Waiting, the reality check was refreshing. The only thing about African Oil, And Tullow for that matter in Kenya it is much uglier demographic than Guyana as well as the infrastructure they need there like pipelines and ports to be built. That is also a big problem there. Little less of a problem in Guyana with USA companies like Shell and Exxon poking around I think for security purposes, mind you shell is British I think. But thanks for your comments.
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