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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 westcanprideon Apr 27, 2021 10:03am
168 Views
Post# 33073603

RE:TIC TOC

RE:TIC TOCSomething is definitely still happening in the background with regards to share price. Yesterday was another good example... some poor fool purchased at .94 close to 10,000 shares. Like clockwork, it was brought back down to .89 without any problems on like 500-1000 share sales. Such a joke. 

At any rate, there are roughly 50 trading days until the first full week of 3Q (July 5, 2021). Surely we will have all the information regarding drill date, potential new JV parnters, and possibly port update by then. Hopefully my visions of sugar plums come true and we see the share price appreciably before spud date! 

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