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 edmedon Jan 23, 2019 11:50pm

119 Views

Post# 29274053

RE:RE:Re orinduiik

Stark that is the most intelligent point of view I have yet to hear.
I totally agree.

None of us would be here now if it were not for the government ownership issue

That needs to be protected by management who must not allow any secret side deals to occur between the larger companies and the government to cut us out.

We all sound paranoid but after investing for the past 20 years I can certainly say that anything you can imagine happens to small cap companies all the time with no legal implications to management.

edmed

Bullboard Posts

Dollar Tree CEO Rick Dreiling steps down as discount retailer struggles