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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 CLOUDERon Jan 23, 2022 2:30pm
221 Views
Post# 34350187

RE:RE:DRILLING TIME

RE:RE:DRILLING TIMESTUDLEY,     nice  name, well studley,   CGX or who ever owns them  are at about $300 million U.S.  for  the  reimbursements  that with discovery  will be able to get back from  guyana  for their expenses all of them,  sismic  ,drilling,  ect.  EXXON is at 6 to 10  billion now and are allready getting them back ,a bit at a time. SOOOO   CGX  is worth  were it is right now for  just for that alone,  imo.                                                                                                                                                                     PS   studley,  these  reimbursements are  ACCUMULATIVE  so   CGX  has been active  in the area  for  what is it  25 years now.   it is  added up,   and  the big boys  know this                                   PSS   so there is  that,    and  the leases,  and  the port thing ,and A VERY POSSIBLE  DISCOVERY,  and all of the rest of the targets,  and  CGX  is realy under valued  man,   and  FEC  don`t forget about  FEC.     well now it is time to watch  my   BUCKS,    and   Mr.   TOM.                                 GO  BUCKS!!!!
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