CGX Energy Inc V.OYL

Alternate Symbol(s): CGXEF

Energy Oil & Gas E&P

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

CGX Energy Inc

Bullboard Posts

Post by stockgypsyon Jul 16, 2012 1:50pm

562 Views

Post# 20117870

OYL = YLO = Game Over.

We are finished now, no money, no oil, just hungry piggy's feeding at the trough. I am out, see you at 10 cents CGX. Un F#&%ing Believable. Anyone who bought at 26 cents today is insane. You might as well put your money in yellow pages, similar ticker symbol but at least a real company with some kind of revenues. If they are trading at 3 cents, where should OYL be trading at??? We are at the mercy of PRE now.

Goodbye CGX. Thanks for bending me over and tearing me a new one.

Bullboard Posts

Investors eye Australian gold mining projects amid promising developments