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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 LCSullaon Nov 08, 2023 10:29am
109 Views
Post# 35723523

RE:RE:RE:RE:RE:RE:RE:War

RE:RE:RE:RE:RE:RE:RE:WarIt is good our oil field is not in the disputed area. However,the port/berbice river is.  Threats of future investments into Venezuela by xom/cvx could deter Maduro but his oil fields are degraded and not coming back anytime soon.  Friday we better get this cgx story resolved.  Glta
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