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 shleevoon Aug 15, 2012 2:49pm
334 Views
Post# 20221256

RE: Waiting for.....

RE: Waiting for.....

That's incorrect.  CGX was granted a defferal to drill their two commitment wells on Corentyne, Eagle1 plus one more until June 2013.  No Corentyne license expires in November.  See Press realease Dec 2011.  CGX is still spinning it's yarn I see...heard 10years of excuses and they keep spinning giving you reasons why they can't get a joint venture.  You don't want to hear the truth....figure it out for yourself.     

I don't know for fact how many shares PRE owns of CGX today, but as of June 30th, they reported aproximately 144million which is 35%.  As of July 9th, insider reports says they have 230million.  I can't confirm that the 230million is correct or not, that is what is available online in the public domain.  They always make mistakes, but do your own DD!

Bullboard Posts