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

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Comment by fortun8on May 11, 2013 11:20am

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Post# 21367605

RE: RE: RE: de day has dawned

look at the percentage they already own....%63.2 and if warrants get excersized then %74.6...reverse split is only going to minimize the small shareholdersand make a "take-over" or "going private" that much easier....why would they pay premium for the rest of the shares if they already own majority? common sense....this is all my own opinion and i urge you all to do your own due diligence as i have been wrong on many occasions

Bullboard Posts

Who, why, and what of the great "Crypto Surge"