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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

Post by BoykJurko11on Jan 18, 2023 8:29pm
234 Views
Post# 35232070

And the idea

And the ideathat fec is going to play some shenanigans to screw investors confounds me or as the Trinidadians say vexes me. Fec is trying to get on the TSX where the enormous money institutional investors hang out. What better wsy to boost your company than to have some huge pension fund or insurance company buy tens of millions of shares? Let's see what Wei delivers and filter out the noise in the meantime.




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