Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by glorieux3on Jun 26, 2012 12:20pm
368 Views
Post# 20055342

RE: RE: RE: 50 Cent Stock?

RE: RE: RE: 50 Cent Stock?

glorieux3, do you think it helps or hurts than Andarko just got their own license to drill?

Helps!  I just wish they did this 3 years ago and hit near where we are as we would not have had the dilution we are going to have now with the miss on ES.  For a concrete example, look when Zaedyus hit, our share price gapped up from 49 to 80 and ran up to 89 and this was a hit over 500 NM away.  The fact that Andarko is showing interest in the area is another vote of confidence in the area!  If Jaguar hits, the excitment level in this area will go thru the roof and it will snow ball with every company that puts a drill in the water.

We are now 30 days away from a possible announcement on Jaguar.  Tic toc, Tic toc...anyone who wants a piece of action here have a window that is closing.  Once the PRE PP is approved, I think we will move up substantially from these levels as there is just too much potential for the market to ignore this.

G.

Bullboard Posts