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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 waitingstillon Nov 12, 2021 3:40pm
145 Views
Post# 34121308

RE:RE:Crunch time upcoming soon

RE:RE:Crunch time upcoming soonYour points are valid. I think most of us were expecting a fomo run up during the drill process which has not happened as of yet. Will it happen? I hope so. It is difficult to go full binary mode after 21 years. Would be nice to have a buffer there before the actual NR comes. But it is what it is. A poorly managed company that let its SP be brutally manipulated by their CFO,a large holder (jdc), Shorts and whoever else wanted to. And we wait...
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