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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 RightAngle45on Mar 03, 2022 2:55pm
251 Views
Post# 34480254

RE:Re Fronterra

RE:Re Fronterra These guys are some of the most crooked ba$tards you will ever see.
That was the most retarded news release one can imagine. Starting off with how safe they drilled the well with only one issue. Then state (so matter of factly) that they plugged and abandoned the well and sent the rig home. This has fraud written all over it.
And how many times in the past have they halted the trading when the price spiked, to say there was no material reason for the stock spike. They didnt want it to go up. Now they let it crash before it was halted..
This just reeks of fraud.  And this is the star studded dream team  that looks like they did no coring and just have samples and still have to get a third party to anylize them. It is starting to make more sense why that CFO quit, maybe see didnt want to go along with the scam.
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