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.

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CGX Energy Inc

Bullboard Posts

Comment by mark92on May 10, 2012 6:39pm

301 Views

Post# 19896983

RE: IF ....

Funny many posts but no replies to :

What i find surprising is that on the same day we had :

1- The results from Eagle 1 (Not very well explained)

2-The change in Management (Why??)

3-The need of another $20 million (For what?? Sell it to current shareholder's)

After the trading halt the share price collaspsed...So if CGX need's more capital ONLY sell it to the Current shareholders...AND NO ONE ELSE !!!!!!!!!!!!

Bullboard Posts

Two micro-cap stocks with strong fundamentals