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 > Concerns

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Comment by soulfireon Dec 03, 2020 7:10am

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Post# 32024474

RE:RE:RE:RE:RE:RE:Concerns

WCP if you did your DD you wouldn't buy this stock, plain and simple.
You have to believe in these prospects.... I do
It's a high risk high reward play, so if you don't have the intestinal fortitude to withstand the ups and downs (and I know it's frustrating sometimes), then this is not for you.
I have the belief that CGX will make a huge strike on the next drill.
Things are happening and being lined up in the correct sequence this time.
We have a couple of shots left to prove ourselves worthy of these blocks.
It will be done and it will be successful !!!
GLTA

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