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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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Comment by longrider1964on Mar 07, 2012 4:08pm
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Post# 19640057

RE: Tight lipped

RE: Tight lipped

Yeah I am curious when did the Eagle shallow spud as I can't find any news release that announces the start of drilling. Would appreciate if any one has this info as I recall them suggesting about 60 days to drill from this start date plus probably another 15 days for testing so could get an idea when news might be out if i knew the spud date. Any info would be greatly appreciated.

Longrider 

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Dealroom for high-potential pre-IPO opportunities