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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
Bullboard Posts
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Post by deepthinkon Apr 03, 2012 7:07pm
573 Views
Post# 19755494

Ramotar again

Ramotar again

President Ramotar continues to talk up the oil potential of Guyana

"

The vision of the People’s Progressive Party/Civic (PPP/C) to acquire cheap energy could not be ignored even as the Head of State spoke of the fervent efforts by the power company and the government over the years to invest in generation capacity and loss reduction. Reference was made to neighbouring countries like Suriname, Venezuela and Trinidad and Tobago that are thriving off of cheap energy, as good enough reason for Guyana to pursue a similar path, while developing its fledgling oil and gas sector."

https://www.guyanatimesgy.com/2012/04/03/ramotar-tours-gpl-power-plants/

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