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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 Hollywood44on Jan 30, 2012 12:59pm
1015 Views
Post# 19465605

News

News

I have been looking on many different sites today looking for that key piece of evidence regarding drilling for Jaguar or/and Eagle shallow, still nothing. I think since we haven't heard anything yet today, the news will be either tomorrow or Wednesday so the S.P. can run for the rest of the week. Nice volume and S.P so far today. I think they are planning to announce both spudding at the same time to take the S.P to over 2.00. Good times !

Hollywood

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Dealroom for high-potential pre-IPO opportunities