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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 soulfireon Feb 02, 2024 8:38am
138 Views
Post# 35858991

RE:Value csculations?

RE:Value csculations?Harel, OilRun is not a financial advisor!
Over the years when we were sitting at 7c OilRun was the only one posting on the board.
To the best of his ability, he provided valuable information in the bleekest hour.
OilRun is not at fauly for our inept management.
CGX has found a lot of oil, the problem lies with FEC and Suresh,the games they have played over the years has brought us to this point. Suresh needs a good old fashion trashing IMO.
FEC has been using Suresh to acquire more and more of CGX WI. Suresh played along to keep his paycheque.
We will get a deal, what it will look like is anyones guess.
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