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 > What's up..

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Comment by BoykJurko11on Sep 11, 2022 2:51pm

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Post# 34955265

RE:RE:RE:RE:RE:RE:RE:What's up..

Dfly, If you wan't a metric that sccurately measures the value of an oil&gas stock it's "free cash flow yield" from what I've read. Not trusting what I read I went checking out what it meant. Means that a company has the capex capacity to drill new wells for example. Apply that to fec. Waiting for some analysis on that. Anybody can pump and spew garbage but I wanna see what their free cash flow yeild is and how it changes with oil prices and intetest rates. All the rest is just BS.

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