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 > Pathetic 1Q news release

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Comment by hcarbonon May 04, 2023 4:23am

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Post# 35429269

RE:Pathetic 1Q news release

d) I don't think they can specify any intervalls at this stage. Requires more evaluation befor entering a press release.

e) Standard legal statement.

Compare to the update dec 16 2021 for Kawa-1.

No, mention of intervall or any commercial basis!

Yet cgx rallied almost 100% in a couple of days after

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