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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 Qwerty123456on Oct 09, 2020 12:32pm
228 Views
Post# 31695974

Next news release?

Next news release?In my opinion will be end of trading today or prior to market open on Tuesday. Think it will contain material information simply for the reason that the company has not yet disclosed the results of the AGM from September 30 and I suspect (could be wrong) that they were holding those AGM results to partner with additional information being assembled. Last year AGM results were released the same day as the meeting was held on June 27, 2019. Unless something else was in the queue at present there would seem no real reason to delay release of the September 30 results would there.

Just my opinion of course.

GLTA.
Bullboard Posts