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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

Energy Oil & Gas E&P
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

CGX Energy Inc > Kevin Lacey ….?
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Comment by Strawboss1on Dec 17, 2023 12:16pm
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Post# 35788802

RE:RE:Kevin Lacey ….?

RE:RE:Kevin Lacey ….?
SheDrills wrote: KL paid more to execute his options than the stock trades at present.  Suresh is the only person who's shares and options hold value...that said, the moment he tries to sell anything he would drive this into oblivion.

Only 2 things help us now:
1. Financing to finish the port. WTF are they waiting on?
2. Farmdown Corentyne and transfer operatorship to a major.


I find your posts very informative.  Can you explain how the farm down option works , please and thankyou.

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