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Bullboard - Stock Discussion Forum 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... see more

TSXV:OYL - Post Discussion

CGX Energy Inc > Demerara and Berbice
View:
Post by Sparky5968 on May 04, 2022 12:14pm

Demerara and Berbice

This is probably old news to some but, according to the MD&A just released, as of Mar. 31, 2022 CGX has successfully negotiated extensions to the Demerara and Berbice PAs and have until Feb.12, 2023 to drill a well on each of the Demerara and Berbice PPLs. Good news IMO.
Comment by RHertig on May 06, 2022 5:09am
Thanks for sharing. I had not seen that. Good news indeed. Hopefully a farmin will pay to drill them.
Comment by Sparky5968 on May 07, 2022 12:35pm
You're welcome. Hopefully they will provide some clarification such as well names, spud dates, drilling contractors, targets, and well locations on Demerara and Berbice on Monday as well. I won't be holding my breath though.
CGX Energy Inc
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