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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 taalon Jan 01, 2022 3:33pm
362 Views
Post# 34276414

Phantom

Phantom
After the news release that Kawa won't be completed till Feb 5 I think our share price might suffer temporarily...shareholder are now aware that a news release might be more than a month away ..so you may have some taking profits only to return at a later date..A month or so of trading without news is like an eternity...Im looking for a break above our long time high of 2.70 on big volume ..then we will get into the 3s.....I think we'll see a lot of ups and downs in the next month or so but I think we will net out higher than where we are today by Feb 5......GLTA
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