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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 JJJRRRon Feb 03, 2022 2:37pm
285 Views
Post# 34394301

Best odds in the oil and gas E&P

Best odds in the oil and gas E&P No point promoting this stock. Huge upside,, little downside. I've got my position. Now just sit back and wait till the end of the month. Then I retire!!! Still remember the early days 21 years ago when they sold producing oil wells in Alberta to help fund the exploration in Guyana!
CGX has come a long long way. Uphill yes,but a long long way GLTA
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