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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 Miftee9on Dec 26, 2021 11:28am
222 Views
Post# 34262746

RE:RE:Demobilization

RE:RE:DemobilizationWell, Maybe they have announced it because they need to give notice that they are going to demob at a certain point.  Just because they announced it does not mean that they started demob. already.  Maybe they reached TD, know that they only need a few more days to test and then demob begins.  Since this info is out there I suspect a halt is coming tomorrow since some markets are open and others are closed.  I have no idea which way this goes, but there is nothing we can do now but wait.  
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