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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 Mat1791on Jan 11, 2023 7:03am
134 Views
Post# 35215148

RE:RE:RE:RE: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:RE:RE:RE:RE:I'd like to direct this to Shedrills...
Frank007 wrote: Just wondering where all the cash came from to keep the lights on.....I know that it was frontera who gave the Guyana $7 million for Covid relief in 2020 ....this show seems to be funded by them...yet it gets beat down....heck frontera 5 years ago was a $30 stock. ...book value  today $19.50.     Yet here it is with 2/3 of the corentyene cosession  and nada ..zip ..somethings not right here ...just saying ...I have both shares but ...something smells here 


FEC = EM play with a spec component

CGX = pure spec
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