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.

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CGX Energy Inc > trading

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Comment by soulfireon Mar 30, 2023 3:06pm

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Post# 35369997

RE:RE:trading

Kelvin, i'm will not get into stuff I know nothing about, e.g. pressure and formations, seals whatever...
I can assure you that a discovery is not baked into the SP. When all is said and done this well will probably be the largest discovery thus far of any company IMO.
If I were you, I would not take what Frank/Catman says to heart. The reason the SP is stagnant is because Frank bought some shares. Watch this rocket once he offloads those shares.
GL

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