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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 madmike0on Sep 23, 2011 12:16pm
349 Views
Post# 19076863

RE: RE: RE: Choices for CGX are great, but .....

RE: RE: RE: Choices for CGX are great, but .....Go Ahead, Make My HEAD EXPLODE!!!!

What a crock...have you nothing better to do with your time then to come up with these ridiculous conspiracy theories? Talk about the glass being half empty! THERE IS A 0% CHANCE THAT CGX WOULD LOSE IT'S LEASE!!!!! Do you not see what dangerous kind of precedent that would set????? Oh forget it, I'm not even going to try to explain that to you.

Mike
Bullboard Posts