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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.


TSXV:OYL - Post by User

CGX Energy Inc
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Post by mark92on Mar 07, 2010 10:06am
566 Views
Post# 16852600

Guyana on list of 'next decade' oil and gas produc

Guyana on list of 'next decade' oil and gas produc

An interesting article...Seems like the US Government is moving in !

"Guyana on list of 'next decade' oil and gas producers"


"Guyana is on the list of such countries and on Thursday Coordinator for International Energy Affairs of the US Department of State David Goldwyn met President Bharrat Jagdeo at State House to discuss the proposal which will include the provision of technical assistance to empower countries to wisely manage resources and revenue generated from oil and gas. "

https://www.caribbeannetnews.com/news-21871--13-13--.html

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