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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. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.


TSXV:OYL - Post by User

Post by CLOUDERon Dec 06, 2023 11:55am
117 Views
Post# 35771126

VENEZUELA TO ANNEX 2/3 OF GUYANA?

VENEZUELA TO ANNEX 2/3 OF GUYANA?95%  to annex.....hey is there any rag tag troops coming out of the north? lol,   soon  very soon,  so everyone thinks that oil is the only reason for this to come to a head in  guyana....but it is also GOLD,a lot of it in this area of contention.                                                                                                                             ps,  i wounder if Venezuela will stop there,maybe this is why  BRAzil   is worried.  desperate people take desperate action.
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