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 > I do not think a JV will happen

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Comment by soulfireon Apr 01, 2021 1:55pm

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Post# 32923954

RE:I do not think a JV will happen

There is only one thing I certain about in life....
That is, if we are down a couple of pennies I will see a post from WCP
I prefer to think we will get a JV. No JV means everyone has given up the best prospect.
WCP a JV is not certain, but given the time constraints don't you think CGX has to do the smart thing and hire the right people regardless if we will get a JV?
I think so.
GLTA

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