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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 Qwerty123456on Jan 21, 2017 8:51pm
221 Views
Post# 25738019

RE:DEC-30-2016: Oil/gas onshore supply base to be built in 2017

RE:DEC-30-2016: Oil/gas onshore supply base to be built in 2017Thanks for the news link Oil Run.

Does anyone know if there has been any specific details released since Dec. 30 on this project at Crab Island?

I also take it since it has been three weeks since this news (and we have not heard anything from CGX) that the company is not at all involved. I'd like to believe they are but at this point seems doubtful.

Have a good night all.

Qwerty
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