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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
Post by catkinon Apr 24, 2013 7:34pm
163 Views
Post# 21303401

God send!

God send!

No matter what you say, the bottom line is that "Murphy's" law prevails! CGX suffered numerous set-backs over the years, we cannot not put the blame on any individual it has happened! It is in the past and we cannot put back the clock!

What we can do is look to the future, which has been dictated by the past.

PRE is our possible Saviour and we have to accept that!

Tomorrow could be the start of a good (not great) future but beggars can't be choosers.

Having said that, we should all accept what is happening and believe in the outcome!

There are a lot of positives in this deal and in return we should all remain positive!

We have no alternative! Get real! Think positive and good things happen! That also includes GI Joe!

Bullboard Posts