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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 > I'd like to direct this to Shedrills...
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Comment by stark15on Jan 10, 2023 4:05pm
293 Views
Post# 35214250

RE:RE:RE:RE:RE:RE:RE:RE:RE:I'd like to direct this to Shedrills...

RE:RE:RE:RE:RE:RE:RE:RE:RE:I'd like to direct this to Shedrills...Jada, a2bman et al....

I have said for years.....the reason u want CGX stock over Fec stock is....CGX CANNOT be bought or 'taken out' by Fec, why?  Because its in the original partner agreement..."CGX WILL REMAIN A SERARATE ENTITY".....CGX has many government people who indirectly own CGX stock and have for MANY years....they will not 'settle'....they want to be PAID!!!  Not to mention other Fec assets that are a drag on their SP....we are now FREE & CLEAR and NOTHING will hold our sp back when good news comes!!!

I am NOT saying Fec is a bad stock....it is not....what i am saying is you will make more with CGX! 

Comment from another board..."FEC is great but the % leverage is on OYL!!"
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