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

Bullboard Posts

Comment by dapperdenon Dec 10, 2011 2:28pm

480 Views

Post# 19310142

RE: RE: RE: RE: RE: RE: The Rig is in Guyana - Guy

There is many of us still hanging on to CGX from B4 the gunboat incidence with Suriname.I got curious after reading some of the posts and checked my records to see when I puchased and at what price.What a surprise! I bought on the

Nov8/1999 at aprice of $1.30 US for 3000 shares which came to US$ 4025 or converted to our dollar C$5983,or $C 1.99

a share.WOW,what a bargain for todays shares. The trading symbol back then was OYL.U ,and stayed until 2006(?)

they then started trading in Canadian money and the symbol,like today, changed to OYL.

Like many of the long time believers of CGX, I am still holding my original shares and many more.God,let this be finally

our time to celabrate a successful drilling.

Bullboard Posts

Global Tungsten Market and Supply Security