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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 stockgypsyon May 29, 2012 10:56pm
490 Views
Post# 19959052

All Signs Point To Black Gold!!!

All Signs Point To Black Gold!!!

This story is going to get real interesting real fast. What a gift the share price is right now. I have quadruple the shares  I had before the big tumble. The signs are all there of a successful jaguar well. Guyana making such preparations for oil, Ramotar's positive visit to the drill site,Repsol bringing in the waste treatment unit, CGX having such a promising deal with PRE. I have a feeling we will be taking the loan only in the end. I suspect there are a lot more deals going on behind the scenes, and all will be revealed shortly.  There will be a massive feeding frenzy if a favorable oil discovery is announced. You better  hope you are holding shares of CGX if this happens  as the moon does not turn blue very often, and this is one of those very rare chances to make life changing amounts of money in the blink of an eye.  Good luck.

Bullboard Posts