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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 Dirksidetrackon Feb 18, 2022 6:52am
256 Views
Post# 34440927

RE:CGX, Frontera to inject up to US$130M for more exploration a

RE:CGX, Frontera to inject up to US$130M for more exploration aHey Dev, I love the last paragraph: "By the third quarter of this year, the Offshore Supply Base portion of the port is expected to be fully operational with the Multi-Purpose Terminal, servicing agricultural, general, and containerized cargos being fully operational at the end of the fourth quarter of 2023."

Are you in Guyana? If yes, can you keep us up to date on the evolution of the financial infrastructure there? Banks, investment brokers, stock exchange, regulations regarding investing, new ETFs etc. Big money, from all over, will be invested to build a huge middle class if Dubai is a any example. From a sleepy, small fishing village to an economic, cosmopolitan powerhouse in a few decades. Deepwater port, strategically located in a country loaded with oil.

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