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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 Schreibzeyon Feb 18, 2022 9:08pm
178 Views
Post# 34443985

RE:RE:Re WCP

RE:RE:Re WCPThere was actually a good point made somewhere, I can't recall, perhaps it was Christine Guerrero. She said Suresh is in charge of CGX, he's the hometown boy, so De Alba did right by him to let him handle the conference. This is likey
also the reason why CGX has been in business for so long despite the long odds, and also likely why Frontera or anyone else will buy them out 100%. It also creates separation between Frontera and CGX, likely in appearance only, but still. 
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