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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

Comment by Miftee9on Jan 13, 2021 12:28pm
146 Views
Post# 32285430

RE:RE:Share price

RE:RE:Share priceI'm confused.  Why do we want to hold the share price down?  Outside of not facilitating management to be able to exercise options and get out before the real work begins and finalizing JV and dealing with the government extensions  i cannot understand why we would hold the price down.  What am i missing?  We dont want people to know about the Company because it has great potential?  That makes no sense.  
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