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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 tiger77on Jun 28, 2023 10:15am
194 Views
Post# 35518330

RE:RE:Post by Optimista on ST

RE:RE:Post by Optimista on STIt is so obvious that you are trying to short the stock it's not even funny.  They've just announced in the top 10 of largest finds to date in Guyana and you only want to focus on the negative!

The resevour quality is great everywhere else so I have no reason to believe it's anything but that here also in the golden lane.

While I am dissappointed in the reaction to this massive find I'll be even happier when people shorting this get completely screwed over when a JV by a major or a buyout happens.
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