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.

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CGX Energy Inc

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Post by oilinvestor2022on Mar 18, 2024 10:11am

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Post# 35938120

Back in for the Finale

I have held CGX on and off for 20 years. I bought back in today. I know management and executives are non-contributing but now that Exon has a hit they know the goods. Thanks Taal, westcanpride and Shedrills for your insight. I don't have an oilfield background but I am a deep value investor. I honestly don't see how this can't go for less then $2.00. I guess we wait.

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