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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 Hollywood44on Apr 04, 2012 10:24am
483 Views
Post# 19757677

News Article stating results Timeline

News Article stating results Timeline

Not sure if anyone posted this but it was written last week. It states that results from Eagle-1 could be known within a month from last Friday. https://www.kaieteurnewsonline.com/2012/03/31/corentyne-oil-drilling-results-could-be-known-within-a-month/

This would be best case scenario of course but knowing that only 30 sleeps this thing could be over the moon and back. I fully believe there is a find and it happens to be Eagle-1. Just have a good feeling about it. I am not selling before any results and completely holding until we see some black stuff.

Good luck all.

Hollywood

Bullboard Posts