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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 westcanprideon Apr 19, 2022 9:50am
256 Views
Post# 34612835

RE:Re Exploration manager

RE:Re Exploration managerShe WAS the exploraiton manager. She is now at HESS and I do not blame her for one minute leaving this dog and pony show known as CGX Energy. Over the past year, the publically known blunders CGX has made would make any competent investor shake their head.... I can only imagine what actually goes on behind closed doors in their main offices. She must have had enough. 

End of day, as far as I am concerned, when someone like this leaves a company (a critical member of the operation), it falls directly on the senior leadership (i.e., De Alba and Suresh). As long as these two bums stick around, CGX will likely continue to shed good talent, even with great assets and forward opportunities. 

PS... looks like my prediction of news today has failed. Shame, especially after yesterday's 10% gain. Must be because De Alba's banking buddies need more time to manipulate the stock for personal gain before its allowed to trade a normal rate again (probably another reason Jennifer got the fu*k out as well). 

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