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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 westcanprideon Dec 02, 2020 2:03pm
175 Views
Post# 32019181

RE:RE:RE:RE:RE:Concerns

RE:RE:RE:RE:RE:Concerns That's your opinion waitingstill. If people interested in CGX are too lazy and can not do there own DD and make some simple calculations, well that is there loss. People also know oil exists and probably won't invest money even with a resource report. They aren't investing because we have NO money to actually drill these prospects. 

Also, this wonderful resource report has been discussed for a long time... we probably will never see it. What benefit does it do for Frontera and CGX to release it? Not like any company interested in a JV will wait for it to become publically available to make investment decisions. 

Anyway, sounds like couldn't give two sh*ts about my ideas. I will leave it there any go on with my day. 
Bullboard Posts