CGX Energy Inc V.OYL

Alternate Symbol(s): CGXEF

Energy Oil & Gas E&P

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.

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CGX Energy Inc > On a bright note

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Comment by SheDrillson Oct 19, 2021 11:39pm

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Post# 34025515

RE:RE:RE:RE:RE:RE:On a bright note

I'm getting shares available for lending from Fintel...at one time it was as high as 1,850,000 and now only 250,000. From that I'm assuming that 1,600,000 shares are currently being shorted and the borrowing rate has crept up to 69%. Those shorts are going to have to start buying at some point....though some may also have access to shares through rights....rights that expire next week. Tick Tick Tick

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