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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 Mar 20, 2023 9:11am
147 Views
Post# 35348472

RE:Good luck

RE:Good luck
Frank007 wrote: Cgx is riding on frontera,s coat tails....frontera has 93% of the wei consission..so just who is who


CGX owns 32% of WEI-1.  PERIOD!

Come on Frank, let's not be misleading to be SELF-SERVING...

Yes FEC owns 68% of WEI-1, and indirectly as a shareholder of CGX, owns another 25%.

However, anyone who is a CGX shareholder will get there allocation based on a 68/32 split of successes not 93/7

Your post is just as manipulative as those you get frustrated with tinkering with the stock

Grow up...
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