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 11, 2020 3:35pm

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Post# 30542656

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Manipulation

waitingstill wrote: Yes, I would think that most shares would likely be held by family and friends. Very difficult to get an accurate picture but SOMETHING compelled Guyana to renew the licenses to a severely indebted company who missed their concession requirements and they did not have to. Think about how fortunate we are to be in this spot all things considered. If this follows through how many of us expect, it could very well be classified as a miracle. Lol

agree....this company has no business being alive and well and this point....there MUST be many in Guyana who made sure they survived

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