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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 OIL_RUNon May 12, 2012 11:44am
282 Views
Post# 19902418

RE: RE: RE: RE: RE: RE: CANACCORD - DILUTION THE S

RE: RE: RE: RE: RE: RE: CANACCORD - DILUTION THE S

skier59 - agreed! 

 

Watch what happens at the AGM.  This board will probably propose for additional stock based compensation.  The board is not in touch with reality!

 

Every several minutes I have to go back to the AOI board to remind myself what a real junior company who partners with Tullow looks like.  We got the best explorer in the world on our side and we still seem to manage to fumble the ball. 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities