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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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Comment by YancyDerringeron Oct 30, 2019 3:04pm
98 Views
Post# 30288100

RE:RE:Where is the money coming from?

RE:RE:Where is the money coming from?
Catman and Chedda you are both right! Frontera is cheap, its about keeping all the oil for themselves to refine and sell etc. CGX is their beard, so even if they need to float another loan to CGX it would be like paying for your public relations agent or lobbyist! We are going to win big, they are now really honing in on the target to get a big score. I just wish it wasn't so far off, its been a long wait.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities