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. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.

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CGX Energy Inc

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Post by shleevoon Jun 02, 2009 3:27pm

500 Views

Post# 16037515

"World Wide Attention"

Are the key words. I don't think Mr. Sully would use such words to describe another potential target below the original Eagle target of the same potential size.

I'm going to go out on a limb here and suggest that he will describe and reveal with the 3D interpretation a new target comparable to "Tupi" offshore Brazil where 5-8 Billion boe + of Oil and Gas have been discovered. Again, this is just my opinion and I have no information to substantiate this claim, but that is what "World Wide Attention" says to me. Not another shot at a potential billion boe.

If I'm right, hang on...cuz it's going to crazy here folks.

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