Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Post by deepthinkon Nov 15, 2011 6:40pm
704 Views
Post# 19239865

Canadian High Commish speaks

Canadian High Commish speaks
Canadian High Commissioner David Devine said his aim is to promote Guyana as an investment destination with indications that Canadian exploratory ventures can be three times more than what it is currently over the next few years.
Devine was speaking at a business luncheon hosted by the Guyana Manufacturing and Services Association (GMSA) at Regency Suites on Thursday. The high commissioner revealed that as early as February, the Canadian government hopes to establish a mission of key firms interested in partnering in order to build on a key longstanding relationship.
 He noted that another Canadian company, CGX, has invested close to C$200 million over the last decade in building infrastructure, conducting exploration, and leading oil exploration opportunities. In the mining sector, Devine related that Canada has more than 25 firms here exploring the riches that will benefit both economies; he expressed hope that these benefits can be reaped soon.
https://www.guyanatimesgy.com/2011/11/11/canada-to-promote-guyana-as-investment-destination/
Seems like a generally positive signal for ensuring continuing support for CGX in Guyana.
Bullboard Posts