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. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.

TSXV:OYL - Post by User

CGX Energy Inc > WELL

<< Previous

Bullboard Posts

Next >>

Comment by Mat1791on Dec 13, 2021 12:04pm

179 Views

Post# 34225300

RE:RE:WELL

CLOUDER wrote: 160,000 ISH shares sold in a blink, multiple sellers. a slap down if you ask me. now why would they do that? you have to ask yourselves. when i sold it was just from 1 source, not 5 or 6 at one time. FISHY

Markets are rolling over?

Some people that sell are not always doing so because of a company specific reason.

Some need the money? Christmas is coming (no pun intended)? Some swing with the overall market directio? Maybe a better opportunity elsewhere?

I guess, what I am trying to say, at these volumes, every trade is not a conspiracy nor a say on something someone knows is happening.

Chill

<< Previous

Bullboard Posts

Next >>

Viva Gold brings new drill program and updated PEA to Nevada project