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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.


TSXV:OYL - Post by User

CGX Energy Inc
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Comment by YancyDerringeron May 21, 2015 10:32am
117 Views
Post# 23750265

RE:CGX - IMPLICATIONS OF LIZA - DEEP SEA PORT PROJECT

RE:CGX - IMPLICATIONS OF LIZA - DEEP SEA PORT PROJECT
OIL_RUN Thank you for reminding us of the port. You are correct it will add great value to CGX and our share price should reflect the assets of the company. So if Pacific is bought out the acquiring company is getting in on this cheap.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities