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 Atonon Mar 22, 2019 11:47am

145 Views

Post# 29523282

RE:RE:RE:ECO-ATLANTIC - RESERVE UPDATE REPORT

Yea I think im responsible for like more than 50% of the volume today and yesterday. I just think the market is a bit slow to take in the facts from ECOs report + old indications from the Exxon / hess drills. But im closing in on the limits of my investment manifest. But this is exactly a "deja vu" of when I bought in on ECO (after Lundins Africa Oil took 20% of ECO for like 45 cents a share) and the SP went south.. I was almost the only buyer, same today and even better upside 25-50 times here and we have EXXON 92% hitrate as tailwind.

Bullboard Posts

Three micro-cap value stocks trading at peak pessimism