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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
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Post by YancyDerringeron Sep 17, 2019 10:40am
234 Views
Post# 30135171

CGX Stock Price

CGX Stock Price
The CGX stock price is obscene! There is no justification for where it is today at $.85. Not that it should be $10.00, however with the 3 valuable concessions, oil now proven to be on one of it's concessions, and the region is proven to have oil it should be at least $1.50 to $2.00 trading range. I think we will have a buy out very soon!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities