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.

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CGX Energy Inc

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Comment by westcanprideon Oct 22, 2020 10:15am

162 Views

Post# 31761496

RE:RE:RE:RE:Realistic next steps....?

Fellas, I appreciate the feedback over the past 12hrs. Yes, I do know I am very negative at times (my wife certainly has made me aware of this many times) and remarkably I have tried very hard to look at CGX with a positive lens. Guess I am just upset seeing the share price now sink back down to the mid .30s (again!).

In theory I could buy more, but I have already 'invested' more money into CGX than I wish to admit. At some point, I guess I just need to hope and pray everything works out and enjoy life.

Cheers!

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