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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

Post by dragonfly454on Dec 13, 2021 12:50pm
220 Views
Post# 34225530

Quick word

Quick wordWell as you know I am Guyanese, I believe in the seismic data and I'm holding..my opinions I have posted and guided with caveats whenever necessary.I have shrouded a lot I have written in innuendo,puns,banter etc...but for each and everyone of you who have invested I must say thanks for having a strong belief in the Guyana Basin and hopefully we all get rewarded ...I have learnt a lot from you guys and shared as much of the little I know...most of which is elementary geology ,common sense and info from the public domain...any opinions stated are mostly pure speculation due to the very nature of what the investment is ..a hole 5-6 miles deep into the earth and quarter mile under the sea...it is high risk ..anyhow GLTA and GO CGX ..GO FEC ..Go Maersk ..here's to safe completion to target depth ,no accidents and no spills .. hopefully we have good news tomorrow...Hang On.
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