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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 SportyJon May 07, 2022 7:58am
251 Views
Post# 34664216

RE:Follow the logic of the information presented

RE:Follow the logic of the information presentedBeaner1814, clearly you are a financial type most likely an accountant given your name and posting content. Your always well thought out posts dive deep into the financial minutia and are well sourced. Some here don't have a clue what you're saying; otherwise you be labeled a short. Lol. The vaunted Oil_Run as well as almost every other long have called for a CXG jv-farmdown (corentyne or the other blocks) for years. It's overwhelmingly accepted that would be in CXG's best interest. But CXG essentially has no say. Reality is, its what's in FEC's best interest? Keep up the great posts Beaner! All imo
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