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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

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

Bullboard Posts
Comment by shleevoon Apr 02, 2011 2:19pm
512 Views
Post# 18377451

RE: RE: UBS Report-Exec. VP of PR

RE: RE: UBS Report-Exec. VP of PRAE, Thanks for the kind words.  I don't think of myself as the top poster here, but I try my best to find new information and post what I find.  There are a few others like me on this board that post good information, some of which I've re-posted from other boards.  I have a lot riding on this play now, probably more than anybody should on such a high risk play.  I loaded up after the market crash and the pull backs that we had which is why I'm so heavy in this play today. 

We should be hearing news very soon from both Murphy and Canacol who's drilling onshore Guyana.  Although it's an onshore play, I expect that it will impact our sp.  But I'm more interested in Inpex and the Tullow/Shell Zaedyus well results.  Inpex being closer to Eagle and Tullow being our partner and their track record.

GLTA 
Bullboard Posts