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

Comment by jtddon Jan 19, 2019 10:57pm

125 Views

Post# 29256401

RE:RE:RE:RE:RE:RE:REACHING OUT TO CSA: MINORITY RIGHTS

We must remember that $3-$5 is really only $0.30-$0.50 on the old scale pre reverse-split. It was trading at close to $2.00 in 2012 when they were drilling Eagle Shallow and Jaguar 1 which is equivalent to close to $20 on today’s scale.

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages