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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.


TSXV:OYL - Post by User

CGX Energy Inc
Bullboard Posts
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Comment by Qwerty123456on Oct 07, 2020 11:33am
174 Views
Post# 31680026

RE:RE:RE:RE:RE:RE:RE:Hess sells interest in Mexico for Guyana project

RE:RE:RE:RE:RE:RE:RE:Hess sells interest in Mexico for Guyana projectNot sure this management team will actually ever earn the level of compensation they are receiving if history is any indication. Few tangible results IMO have been achieved to date. This company has now been put on watch by the government due to inaction.

Also if what you say is true and our co chair has brushed off a few prospective deals then that may mean he is not acting in the best interest of shareholders. This is afterall a publicly traded and accountable company is it not?

GLTA.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities