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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 tiger77on Jun 07, 2012 8:49am
403 Views
Post# 19988604

AOI

AOI

How is what we are doing any different than AOI and look at where their SP was and where it is now with some oil finds.  The thought of selling my block to make a few cents here and there hasn't even crossed my mind because it would be my luck that I would sell it, a halt comes we hit the mother load and I get screwed so I'm here for the long haul and hope to make a healthy reward by doing so.  I first bought in at $1.29 and have averaged down and 18 times my original investment so this would be massive for me.  I don't play in the big leagues like some of you do by 100k in shares is a big investment for me so I wish us all the best and truly believe based on all the info that has come out that it is a short amount of time before we get some fantastic news!

Cheers!

Bullboard Posts