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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 Schreibzeyon Aug 11, 2022 11:22am
193 Views
Post# 34888386

RE:RE:RE:RE:"Change in Control"

RE:RE:RE:RE:"Change in Control"Right, that's exactly what I was saying two days ago, but I gave two examples between the current 3 executives and Tralisa. Either way, it doesn't really matter, the only way out is a solid Wei-1 well and "change of control" anwyay. FEC doesn't have any noted contingencies related to management agreements in their financials that I saw, so seeing this is a data point in my mind for the way out. 


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