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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 stark15on Aug 08, 2020 12:23pm
211 Views
Post# 31382812

RE:AUG-07-2020: FRONTERA Q&A

RE:AUG-07-2020: FRONTERA Q&AWOW.......alot of reading between the lines....all positive and very exciting for us shareholders!!  Imho, and further to Oil_Run's comment.....i think as soon as CGX can get a meeting with the new government to establish a new drill date (spring 2021 imho) and announce it, i think something BIG is going to be announced, when the new drill date is announced, or, shortly after......judging from the comments by Mr Herbert, he almost said everything but, "yes, we r partnering with CGX!".....i really think we r at the starting gate..............GLTA  
Bullboard Posts