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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 tiger77on Feb 11, 2019 11:56am
92 Views
Post# 29347284

RE:This could get ugly, as people

RE:This could get ugly, as people

Dave you may be correct and if that's the case I will also be a buyer more than I already am however you are missing one important piece also.  If they secure a JV(s) this is going to only go up and the people like myself who are going to exercize all of their rights at $0.25 and any additional ones also will be the people that benefit.  If you are only in this to make a few cents here and there than all the power to you but I strongly believe this has all the makings of a large return especially if they hit oil!
 

GLTA

Bullboard Posts