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 > Re Fronterra shares

<< Previous

Bullboard Posts

Next >>

Comment by SportyJon Jun 23, 2022 10:13pm

258 Views

Post# 34779139

RE:Re Fronterra shares

Taal, good points. But don't get hung up on the $35m loan and conversion at $3.11. The loan terms can change with the agreement of both parties at any time! You know they are both "independent" companies LOL. Now if Fec/De Alba decided to convert right now at $3.11; well that would be a huge positive. But you and I and everybody knows that's not gonna happen. All imo

<< Previous

Bullboard Posts

Next >>

Unsung profits: Three microcap stocks with a strong case for value