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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

Post by Mannyman99on Feb 27, 2021 8:04pm
351 Views
Post# 32680250

Crazy Thought

Crazy Thought

Hey guys, I hope everyone's been enjoying this helluva show called OYL over the last couple of weeks and I hope you've held through this minuscule but nice little bump up. I think some big things are coming. Oil is going to go through the roof soon enough. A lot of shorts from when the pandemic first hit are about to start expiring and soon enough this stock will start to rocket. It's all synchronizing very well I'm my opinion. This stock is going to get to atleast $6 bucks (IMO) very soon strictly off of oil investors rushing in and after that god knows how high we could climb from either 1. Nice JV 2. Buyout 3. Somehow going at the drill w FEC 4. The port with the gov of Guyana. All of those options seem like $$$ to me. 

With all that being said... phew.. does anyone see cgx getting above it's all time high of $35 CAD or so..  

intrigued to see what everyone has to say, thanks. 

MJ

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