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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 BigBadBon Mar 15, 2013 2:11pm
252 Views
Post# 21136529

RE: RE: RE: Yes or No vote on our Rights

RE: RE: RE: Yes or No vote on our Rights

This is my concern too and the big one - the people who sold us the story will take care of themselves.  I would love to compare the notes privately with anyone else interested as to what was the original pitch when you bought the CGX stock. I have been in this for 12 years and feel that I have been mislead several times to say at least. If you are interested, use my inbox and we can have a follow up private discussion.

Bullboard Posts