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 > Buy recommendations

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Comment by jtddon Jun 17, 2021 9:12am

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Post# 33401029

RE:RE:Buy recommendations

I don't know how many of you remember this but when they were drilling Eagle Shallow in 2012, the stock price was around $2. That was BEFORE the 10:1 reverse spilt so by today's standards, that equivalent to $20. Now, I don't expect that to happen this time but even a fraction of that would be incredible! Waiting Still, do you remember how many shares there were back then, was it around 500M?

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