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 > Re Share price

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Post by taalon Jun 05, 2021 11:41am

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Post# 33335973

Re Share price

Of course its better to wait..for more money...but only IF we hit oil...Thats one Big IF....There is much riding on the line for us Oyl shareholders and much More for Fronterra who is the Biggest shareholder with probably now more than $200mil invested...to let it all roll on a one well program.. I for one would much rather see a J.V and a multi well program and settle for less.... Still think a J.V. is still in the works.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?