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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

Post by Frank007on Jun 17, 2021 11:52am
180 Views
Post# 33404534

frontera....

frontera....sorry for the miss quote  ...but you have to admit its frontera ta  has loaned money over and over to suport  cgx .... they are funding the drilling as per the buy in agreement ... and   frontera  gave the govt of guyand 7 milion  for covid releef .... im in both stocks so  support the  port project as well as the  drilling and hope we both make lots of $    . so hang in and buy more if you cand i  think this has been a sleeper for to long .....
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