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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 Schreibzeyon Dec 15, 2023 10:52am
145 Views
Post# 35786648

RE:RE:Kevin Lacey ….?

RE:RE:Kevin Lacey ….?To corroborate this point, mostly all options expiration dates for these folks like Narine, Stockinger, mills, Tribukait, Zoback are 2 DEC 2024. Doubtful they leave money on the table, I'll take option #2 Christine.

Durkee has termination and change of control benefits - guessing because his option exercise price is $1.36, not fully vested until 25 OCT 2024, so somewhat makes up for the term. 

Lacy even has vested options (266,667 fo them) at a strike of $1.36, without termination or change of control benefits. That's a lot of ground to make up between current price and $1.36. 


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