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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 Kelvinon May 31, 2023 3:59pm
159 Views
Post# 35473455

RE:RE:RE:RE:RE:Comments for Mr. Negative

RE:RE:RE:RE:RE:Comments for Mr. NegativeHow much have you lost so far? With negative $330 million dollars in share holder equity so far then you've lost a pile. I don't know anyrhing about deepwater drilling? OK keep on stranding your money then cause nobody gonna invest a dime more without a flow test. How much have you lost in opportunity cost? And you can't get out without crashing the stock. You need a great DST. Hydrocarbons near the well bore has already been baked in. Yet no volume. No liquidity, No bid intetest. People want to know flowrates. 
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