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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 Investnowpleaseon Feb 22, 2022 3:47pm
252 Views
Post# 34451479

Some posts

Some posts

Have to say some of the posts on here are totally childish, and nonsensical. I wish those prople would stop there mindless retoric. 


Now as a investor who is hanging on( perhsps stupidly), i will say this. It is somewhat concerning the lack of results being made public. Just cannot imagine why its taking so long, that does lead to the comments from both sides if the fence on the well results being good or bad. It does make you wonder about the very first release when they commented that they had oil in drill cutting and drill stems., whoch was quashed very quickly by a subsequent joint release. If it is not oil they have certainly opened themselves up for potential misleading litigation suit.

Comments WRT to people making shorting of stock comments on this site, one thing for sure is this site doesnt effect the stock significantly. Both companies action can lead you to believe a positive or a negative well result is possible. This is an awefully big money game for these companies to be playing. 


With all of this said i am certainly one who is awaiting results. 

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