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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
Post by Qwerty123456on Mar 20, 2018 12:50pm
311 Views
Post# 27747290

CGX website content ?

CGX website content ?Anyone willing to speculate as to why the company has not updated its corporate presentation since March 2015 or even bothered to change the concession boundaries map since the renewal was announced back in December 2017?

I for one would have thought that the company would see it is as at priority at least to update the presentation and in particular in advance of the GIPEX conference in February given the potential JV partners / investors attending. Makes me wonder how if at all the company is marketing itself.

I see at least the website is being maintained for the company's news releases - last one being that on the drilling engineer annoucement in early March this year.

GLTA
Bullboard Posts