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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
Comment by glorieux3on Jun 27, 2012 12:00pm
378 Views
Post# 20059652

RE: RE: RE: RE: RE: RE: RE: RE: Article from Busin

RE: RE: RE: RE: RE: RE: RE: RE: Article from Busin

Thanks kb!  I am dreaming of a gusher at Jaguar like everyone else and will have a good number of shares in play when the time comes.  I have averaged up here and bought more than I intend to have by the end of July but I am still averaging below 40 cents.  I believe we will be north of 80 cents before news of results at Jaguar and I will cash in my traders at that time.  If people want to give me low ratings for keeping it real, that is their perogative but if anyone here thinks that Jaguar gushing 72m of net oil pay is a done deal, they are looking for a severe beating and I can only hope they did not mortgage the house to play this one.  

I am hoping and the listening to all the positive signs and feel comfortable that we do have a legitimate shot at repeating what AOI did.  If I did not believe in the potential of Jaguar, I would not be here.

Good luck to all!

G.

Bullboard Posts