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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 Crazycanuck138on Jul 06, 2012 11:58pm
609 Views
Post# 20091006

RE: RE: RE: OYL Short Summary

RE: RE: RE: OYL Short Summary

Thanks for the replies. All your points make sense. But im goping we dont test the 40's anytime soon. Alot of positive like comments were being made to hint at positive results in the basin from sully and his crew that i have read in some of the links thT were posted by some of you on this board to reporters over that last few weeks. What gets me i the comment made by sully along the lines of it gives pain to his heart that he cant divulge any info that he knows to us at the AGM.  

Bullboard Posts