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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

Comment by westcanprideon Apr 27, 2021 10:03am
173 Views
Post# 33073603

RE:TIC TOC

RE:TIC TOCSomething is definitely still happening in the background with regards to share price. Yesterday was another good example... some poor fool purchased at .94 close to 10,000 shares. Like clockwork, it was brought back down to .89 without any problems on like 500-1000 share sales. Such a joke. 

At any rate, there are roughly 50 trading days until the first full week of 3Q (July 5, 2021). Surely we will have all the information regarding drill date, potential new JV parnters, and possibly port update by then. Hopefully my visions of sugar plums come true and we see the share price appreciably before spud date! 

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