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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

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

Bullboard Posts
Post by stark15on May 12, 2020 3:32pm
183 Views
Post# 31018724

WS et al

WS et alGood point about the ballot box size and it would certainly explain how they can get it done by end of May as stated.....also, i did read (and am looking it up as i post) that cgx is coming out with a resource report late June.....that might also explain your 3D seismic data interpretation of how long it takes to fully interpret the results......once these election results are verified i think DeAlba and company will start checking off the boxes, 1 by 1, 

election results verified

negotiate drilling for spring 2021, make announcement

release resource report with 3D seismic data interpreted to back up report...$$$

JV announcement August/September/October...$$$$

Drill, March/April 2021....$$$$$

one extra $ after each box checked :)
Bullboard Posts