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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

Post by waitingstillon Nov 10, 2023 11:38am
202 Views
Post# 35728536

Resource estimate

Resource estimateDid anyone listen to the one question about resource report? Did he really say that they are not going to release it? If so, that needs to cange. It has material information for cgx. It has to be what they are basing the comments about "stand alone" Maas project. They are surely not basing those comments on 13 feet of pay! That resource esrimate HAS to be released even if it requires legal action. I think FEC is blocking it for sime bizarre reason. We need action NOW. Legal or otherwise. Fec not making a "stand alone" statement without hundreds of millions of barrels in Maas zone alone. That needs to come out. We need heavy pressure NOW while we still have a stock price.
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