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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 tiger77on Sep 15, 2019 4:05pm
168 Views
Post# 30128746

RE:Downplay of announcement

RE:Downplay of announcement Jbadboy, not trying to be disrespectful what do ever but how in the world did you deduct that someone is down playing the "possible oil discovery" that he clearly spoke out of his jurisdiction on, for a well CGX has nothing to do with in any way shape or form in order to keep the CGX stock price artificially lower? IMO he spoke WAAAYYYY out of line either with knowledge, without knowledge and was probably called out by the oil companies and the government for doing so. The only thing he could do would be to issue a statement saying they took his comments out of context but time will tell (and my guess is by tomorrow morning we will know) the Saudi attack has nothing to do with CGX other than possibly helping us. Time will tell lots of exciting times to come. GLTA
Bullboard Posts