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

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CGX Energy Inc > Port project

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Post by Frank007 on Dec 16, 2023 12:42pm

Port project

The tresses was only to access's the main dock to be built ...the tresses will be used to off load aggregate barges of construction materials ....I can easily see another two years before a ship docks here ...as that road into the upper Amazon is built ..there is no hurry to finish the port ....as they stated build as the demand is needed ....

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Comment by Kelvin on Dec 16, 2023 1:14pm

Frank, Yeah the Linden - Lethem road is through the Essequibo. Lethem, Guyana is on the Brazilian border. Looking at the map Lethem is well situated to serve both Brazilian and Guyanese resource developments and if Venezuela plays nice it would also be a big plus for them.

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