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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 ljmorinon May 09, 2019 5:32pm
167 Views
Post# 29731409

Its Different Now

Its Different NowAs a long from 1999, Gone through all the cra@p for all these years of poor managament dry holes and all the rest. IStill can't believe this is still alive, and I have always kept in it, and haven't made any money thats for sure. Somewhat of my own negligence I'll admit, and the reverse split and all.
Well I just bought another boat load today because its very different now. With Frontera holding the ball. The restucturing happening and the area de-risked its nw totally different. And also the government of Gyana simply wont let them die as they should have at least a half dozen times.

GLTA,
Bullboard Posts