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.

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CGX Energy Inc

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Post by Atonon Mar 17, 2019 7:56am

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Post# 29497153

CGX mapping the exact drill coordinates with MV Markman

Now the pre-work on the drill location has begun, last friday March 15 the ship MV Markman started to survey the best exact location for the drill at our block. The work is expected to end March 29. How much will the share price race up in this pre-drilling process? I guess to north of 0,75 at least, lets see.

https://oilnow.gy/exploration/cgx-to-begin-hazard-assessment-at-utakwaaka-1/

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