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

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Post by westcanprideon Apr 07, 2021 12:53pm

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Post# 32949961

1Q Results_Early May

As per previous years, we should see 1Q 2021 updates from Frontera and CGX in early May. Will we see any news before then? My guess is probably not.

At any rate, looks like we are stuck in the .80-.81 range for the time being. Is it better than .50 range? Absolutely, but my goodness I would have figured we would see more outside retail buying these days with all the new CGX hires and their ability to 'sell' the opportunity to their friends and former collegues.

Anyway, let's see what happens.

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