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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.


TSXV:OYL - Post by User

CGX Energy Inc > Wouldn’t they already know results from primary target now?
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Comment by Miftee9on Oct 21, 2021 12:05pm
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Post# 34033007

RE:RE:RE:RE:RE:RE:RE:RE:Wouldn’t they already know results from primary target now?

RE:RE:RE:RE:RE:RE:RE:RE:Wouldn’t they already know results from primary target now?I'm no geologist and dont know anything about drilling, but the Company sent emails to people complaining about Tralisa sellling her shares. From Stocktwits, I copied the following;

"As the company is not in blackout, employees, officers, directors and consultants of CGX are not restricted from buying and/or selling their shares and/or exercising their stock options at this time."

Therefore, I would presume if they drilled into the first pay zone, I suspect they would be in blackout. Am I wrong?
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