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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 stark15on Oct 15, 2021 10:27am
185 Views
Post# 34009376

RE:RE:RE:RE:Kawa-1. What is a good result?

RE:RE:RE:RE:Kawa-1. What is a good result?Blackgold, u r correct....Harel1976 does not have a CLUE.....anyone who thinks Fec can simply sell cgx as they wish and do what they want hasnt been following this board for a long time and doesnt know our history.

The Guyana government has STRONG ties to CGX.....its the ONLY reason CGX has survived over the years (could have literally been bought for pennies or simply folded several times) .....CGX may be bought out at some point (i hope so!!) but it wont be Fec deciding anything without government approval.

Like i said.....ignore the noise.....
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