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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
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Comment by YancyDerringeron Nov 08, 2019 3:02pm
93 Views
Post# 30329063

RE:RE:RE:RE:RE:RE:Going it alone

RE:RE:RE:RE:RE:RE:Going it alone
Frontera and CGX hired these two gentlemen and they have quite a resume for fixing companies and raising monies. I think if they want to increase CGX share price they need to sell CGX shares to some major for a higher market price to drive it up. The concessions are certainly worth billions and now they have been derisked to a degree so $1.50 US is cheap.
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Dealroom for high-potential pre-IPO opportunities