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.

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CGX Energy Inc

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Comment by ohcanada17on Jan 06, 2020 7:46pm

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Post# 30524129

RE:Sale over?

waitingstill wrote: Is the CGX share sale over? Today I had to chase the bid and stopped at 55c. Completely different than Friday. 147k traded. RBC the biggest seller at 73k but also the biggest buyer at about 42k. About 60% of the volume on the ATS. Maybe it is time for us to move up?! I hope so.

I'm thinking the only thing that moves this up significantly in the near term is an announcment of a JV

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