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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 25, 2021 4:31pm
360 Views
Post# 33452071

wahoooooo!!!!!

wahoooooo!!!!!why worry says  frontera is desparate with  400 milion  financin ...lol ....fec  only  wanted 350   the 400 was over subsribed ....and  has no repayment  until 2028    and  is also has no mainanance hold back and is alson  unsecured ...lol   see if you can get an unsecure 400 milion $ loan ......the port project will certainly be run by the same people running   the port in cartegena  ...and  frontera defitly does not need   fund to operate ...where do you get this dribble from ...they are partners with geopark  in eqidor and parex in columbia and  have extreemly well conected  management  throughout  latin america   heck   frontera was the only  compny  asked to run the block 92 in paru  ... they did the right thing and  released  the  project as the locals  wanted it shut so shut it was ...force majuer  nothing lost ....now  frontera is  the brains and the money behind this project.....i am sure  cgx will do just fine  but  all i am saying is  80 %  of cgx is now owned and managed by .... FRONTERA 
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