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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...
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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TSXV:OYL - Post Discussion
CGX Energy Inc
> Not much chatter ?
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(692)
•••
Frank007
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Post by
Frank007
on Dec 16, 2023 6:29pm
Not much chatter ?
Everyone give up ? ..
(40)
•••
Miftee9
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Comment by
Miftee9
on Dec 17, 2023 12:44pm
If 650M barrels of oil is not going to move the share price, there is nothing to talk about. Just have to wait for a deal to take place and hope we dont get screwed. No longer in our hands.
(367)
•••
Harel1976
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Comment by
Harel1976
on Dec 18, 2023 4:52am
This amount is the potential boe in the mastrichian, that to prove needs more exploration wells which they call appraisals though they are not appraisals. They gave up on the deeper layers as its not economical and takes 6 months to complete a well. Its a fraud and no company will jv, imho. Cgx mc is 100$us, over valued by multiples, still a long way to fall. I would reconsider if i
...more
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