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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 Phantombloggeron Nov 12, 2020 9:59am
915 Views
Post# 31884380

GOOD NEWS & BAD NEWS

GOOD NEWS & BAD NEWSLook here, all of you, I mean all of us, who visit this board:
We're all caught up in a catch-22. We can't sell, it's now too late. WCP has enumerated the obvious. No need to live in state of denial.
DeAlba cannot get rid of Suresh at this stage of the licence.
Frontera keeps these Guyanese on their boards because they think (believe) the Guyanese can speak the local lingo/culture. But to my mind, everyone, is fleecing this company, and we're here at crunch time. Persons in this government will want "something" from CGX. I saw Suresh's operation at an AGM, and it was laughable; some of you should go back and read my report.
I can be of help to DeAlba, to point to good people who can "really" help DeALba (It wouldn't be me, I'm not available, and I shouldn't be).
If any of you feel committed to help, but also want to keep a low profile, and can get DeALba to listen, please act (for the sake of all of us).
Good Luck!
Bullboard Posts