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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 OIL_RUNon May 29, 2012 6:57am
582 Views
Post# 19955057

REPSOL: May 28, 2012 - STRATGIC PLAN 2012 - 2016

REPSOL: May 28, 2012 - STRATGIC PLAN 2012 - 2016

See the below link for Repsol's May 28, 2012 Strategic Plan

It is rare to see a company Repsol's size give details on its upcoming exploration targets / focus areas. In most cases a general overview is given with little details revealed. Well, in this recent presentation, Guyana and the Jaguar well are mentioned repeatedly in slides 21, 28, 34, 87, 88.

It sure seems that Repsol has high expectations for Guyana...in particular Jaguar. Would hope to see this reflected in the CGX share price before end of June....

See attached presentation: https://es.sitestat.com/repsolypf/repsolypf/s?es_en.corporacion.accionistas-inversores.default.pdf.Strategic_Plan_2012_2016_28Mayo2012&ns_type=pdf&ns_url=https://www.repsol.com/imagenes/es_en/Strategic_Plan_2012_2016_28Mayo2012_tcm11-624760.pdf

Bullboard Posts