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 > JUNE-28-2021: CANJE LICENSE VALUATION

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Comment by soulfireon Jun 29, 2021 8:11am

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Post# 33465022

RE:RE:RE:JUNE-28-2021: CANJE LICENSE VALUATION

Demerara may have less prospects but the "F" prospect is a behemoth and dwarf anything found to date. Problem is if it's light oil.
Can't believe tomorrow is AGM and no updates as yet.
We drill in July which is only 2 days away, at least they shuld give an approximate spud date or update the rig status.
These CGX/Frontera staff should work for the CIA....very secretive, don't know about the intelligence part though....

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