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.

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CGX Energy Inc > Re Kahuku

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Comment by AnMaron Apr 07, 2022 6:18pm

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Post# 34586133

RE:Re Kahuku

taal wrote:
Wouldn't that be something if they hit....How Cgx and Fronterra let Repsol steal cgx share of that license is beyond me....

Can you imagine, no one on the executive team thought about the lease lapsing; they were all too brainless to make sure someone would be renewing the license - incredible show of incompetence/ineptitude by the board at that time. Everyone thought someone else would do it - not enough skin in the game and I fear nothing has changed on that front.

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Mid-year review: How has gold been performing?