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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 jtddon Dec 18, 2018 12:37pm
142 Views
Post# 29129722

RE:Guyana: CGX Energy announces definitive rig agreement

RE:Guyana: CGX Energy announces definitive rig agreementWhat will it take to move this stock???  Still at the equivalent of 3.4 cents on the pre-reverse split scale!  It was at $1.80 ON THAT SCALE when they were drilling Eagle shallow and Jaguar in 2012 (that’s $18.00 by today’s scale).  WTF?
Bullboard Posts