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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 Goldrush97on May 25, 2023 11:43am
228 Views
Post# 35463883

RE:RE:I agree except …

RE:RE:I agree except …There is another deep water port being built by Guyanese consortium. That port already secure  deal for shore base work from Exxon. 
Looking at the pics on cgx website, that port is way behind or they lying through their teeth what they are actually building. Those pics look like some regular pier much less deep water port. Resembles what u would see in Florida for private yachts or boats. 
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