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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 Dirksidetrackon Sep 10, 2021 7:18am
122 Views
Post# 33838687

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:How many shares did Catman unload?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:How many shares did Catman unload? Yeah sounds like he had a lot of money tied up in the stock doing nothing. I hope that he got it producing for him. I kind of like these plays myself. I'm also watching Sapote 1 well. JHI was founded by John Cullen, one of the founders of CGX and Mid-Atlantic was founded by Dookie, also a founder of CGX. Here's part of a press release: "Esso Exploration and Production Guyana Limited (35%), a subsidiary of ExxonMobil Corporation, operates the Canje Block on behalf of partners TotalEnergies E&P Guyana, B.V. (35%), JHI Associates (BVI) Inc. (17.5%), and Mid-Atlantic Oil & Gas, Inc. (12.5%)." Also here is the press release announcing the arrangement between JHI and Mid-Atlantic: https://www.prnewswire.com/news-releases/jhi-associates-inc-and-mid-atlantic-oil--gas-inc-joint-press-release-300860245.html
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