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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

Energy Oil & Gas E&P
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

CGX Energy Inc > Debt converted to Shares
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Comment by ljmorinon Mar 25, 2022 7:00pm
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Post# 34547265

RE:RE:Debt converted to Shares

RE:RE:Debt converted to SharesThey have to have JV, Even with Frontera, a medium at best we need a JV certainly to get to the production stage.
Or just buy us out.
I do think they could drill Wei though I am sure of that. But don't have the horses to bring anything into a production phase.
And everybody know that.
GLTA.
lj
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