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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 waitingstillon Dec 05, 2023 2:26am
146 Views
Post# 35768352

RE:RE:RE:RE:RE:52 week lows

RE:RE:RE:RE:RE:52 week lowsNo doubt wcp. They need to be honest and clear but hopefully we can focus on the positives. It is clear that S zone was not as clear cut as we had hoped and like will need many more holes to define what it will be worth and cgx will not be around for that unfortunately for shareholders. So we can reasonably focus on the positives and get our SP moving in the right direction before any suitors come along such that a good value can be placed on our SP.
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