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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 Aug 23, 2015 11:21am
127 Views
Post# 24043686

RE:AUG-21-2015: PACIFIC EXPLORATION - BLOOMBERG ARTICLE

RE:AUG-21-2015: PACIFIC EXPLORATION - BLOOMBERG ARTICLE
Oilrun interesting news article. I don't see in this article where you get your idea of Betancourt doubling down. I would speculate that based on his history and this articles statements it is difficult to determine if Betancourt will help CGX or hurt us.
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Dealroom for high-potential pre-IPO opportunities