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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 waitingstillon Jan 30, 2023 10:48pm
182 Views
Post# 35255574

RE:RE:RE:Blackout?

RE:RE:RE:Blackout?"yep, 7 days into the drill and we haven't hit the elephant yet. I had better exercise my options and sell those new shares before everyone else does. I know the last CFO did something similar and got fired so i will do the same." lol. Shorty you make me laugh. Now, if a sale does show up i will have egg on my face but i think that is highly unlikely. The only sale could be to mobilize the cash to pay for his options and taxes but i think that is also unlikely. Let's see what the next few days brings. Maybe more options exercised bribgibg in much needed cash for this comapny.
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