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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
Comment by Rapsanion Jul 10, 2020 2:26pm
95 Views
Post# 31252926

RE:RE:RE:RE:Hopefully,some progress will be made today

RE:RE:RE:RE:Hopefully,some progress will be made todayOh it keeps going on, see below.     And to add, Granger with with supporters earlier this week alluded to its not over until its over statements.. kept it open for interpritaton with no end in sight.
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Chief Elections Officer Keith Lowenfield has failed to submit his final elections report as instructed by GECOM Chairperson Justice Claudette Singh.

Lowenfield was directed to submit the report, using the recount figures, by 14:00hrs today.

However, INews understands that the CEO is claiming that he needs “clarity”.

In her letter to Lowenfield, dated July 9, the GECOM Chair’s instructions were very clear.

She stated: “Section 18 of the Election Laws Act No 15 of 2000 stipulates that you are subject to the direction and control of the Commission.”

She further stated that: “In accordance with this section, and pursuant to article 177 (2) (b) of the Constitution and section 96 of the Representation of the People Act Cap 1:03, you are hereby requested to prepare and submit your report on the March 2, 2020 General and Regional Elections by 2pm on 10th July, 2020, using the valid votes counted in the National Recount as per Certificates of Recount generated therefrom.”

The seven-member Commission is currently meeting.

Bullboard Posts