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.

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CGX Energy Inc

Bullboard Posts

Comment by jefft66on Nov 02, 2012 2:22pm

265 Views

Post# 20556237

RE: RE: RE: RE: RE: tax time and lack of NR

I am buying into this thinking it is less risky for a deal to get done then to hit oil. I think guys buying right now is waiting for the announcement. Hitting oil? That's looking too far ahead. I never thought getting a deal done is that risky. I guess the SP explains it. If we are so sure about this...it would not be hovering in the 20s. But I am all in and probably should stop loss this at17 cents.

Bullboard Posts

Cross border trading in Canada and Australia