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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
Bullboard Posts
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Comment by YancyDerringeron Jul 27, 2015 10:26am
135 Views
Post# 23962581

RE:RE:RE:RE:yancy

RE:RE:RE:RE:yancy
Waitingstill what you stated is very true and accurate, however I was just making a prediction that I think the stock will trade prior to drilling at $14-15 U.S. regardless of your astute analysis of being only at 1/70th value. If it does trade at this level then it won't matter it's intrinsic value.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities