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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 Marketwatch22on Jul 13, 2015 3:12pm
131 Views
Post# 23918985

RE:RE:soulfire

RE:RE:soulfiresoulfire I definitely understand your frustration and similar to a lot of other shareholders on this board have a lot of money invested which I would be ecstatic if returned to me just at breakeven levels. This stock has shot up in the past based on news/speculation ~ there will be a lot of activity in the next few years and I suppose we'll have to pick a price at which we're willing to sell if we see another spike. This is in the absence of management doing anything to help the SP. Normally I would average down in such a situation, but without any tangible evidence of a brighter future I am just hoping for another ride up based on speculation at some point in the future. GLTA.
Bullboard Posts