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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 Feb 01, 2022 12:06pm
284 Views
Post# 34385642

Kawa

KawaWas not drilled to the thickest part of any one formation it was a genuine exploration wild cat that sought to hit three birds with one stone..if you look at the seismic dat you will see other better stand alone targets exist that will now be de risked considerably due to the results acquired at this point.

SP has a run up before NR to 50 cents under under US$3.00 ..then NR and now it is still under US$3.00

Devanand ..Soccer is it lol ....too many excited bunnies selling ..dont worry every dip below $2.90 is a buy opp so keep selling
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