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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.


TSXV:OYL - Post by User

CGX Energy Inc > Frontera plugs US$19M into CGX
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Comment by waitingstillon Apr 18, 2021 10:36pm
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Post# 33020092

RE:RE:RE:RE:RE:RE:RE:RE:RE:Frontera plugs US$19M into CGX

RE:RE:RE:RE:RE:RE:RE:RE:RE:Frontera plugs US$19M into CGXI don't think CLOUDER is Catman as CLOUDER has a 296 rating and I don't think you can keep your rating if you change names. But not sure. Anyhow, I agree. If you think CGX is being walked down to zero when it was just 30c a few months ago and they did essentially a PP at 89c with FEC, you should sell your shares while you have a chance to get out. If you were smart, you would have been buying at 25c and 30c and 50c all the way and should be well into the money at 89c. So, for those negative nellies, please sell and release your soul from this company. 
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