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 > scam manipulation.

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Comment by Devanand1on Apr 08, 2021 11:21am

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Post# 32956636

RE:scam manipulation.

Farnk, at face value, it seems that someone is keeping the stock within a range of 80-82 cents. Keep in mind, the manipulation could works both ways. It may keep the stock from going up but it also keeps it from going down. In this case, given that no news is in the immediate horizon, I beleive that the conditions favor the price going down. So, I am pleased that there appears to be an invisible hand behind the scenes. .

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