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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 YancyDerringeron Jul 22, 2014 12:04pm
127 Views
Post# 22769899

RE:RE:RE:RE:RE:RE:Low volume run up

RE:RE:RE:RE:RE:RE:Low volume run up
Soulfire not really. Just that this is a gamble so if you have money why wait if your committed to this stock and believe in it. He who hesitates is lost, as they say. I just think after all this stock has been through and the road we have taken it is due for or ripe for a definitive outcome in the near future. Pre has to accommodate the Guyanese investors so I believe we are safe as long as they are in it.
Bullboard Posts