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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.


TSXV:OYL - Post by User

CGX Energy Inc > A joke of a AGM
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Comment by AnMaron Jul 02, 2021 12:17pm
204 Views
Post# 33482228

RE:RE:RE:RE:RE:RE:RE:RE:RE:A joke of a AGM

RE:RE:RE:RE:RE:RE:RE:RE:RE:A joke of a AGM
ljmorin wrote: They are running the show they own controoling interest in it. LMT SC. Helllooooo.
And WCP is mostly realistic  as I have said many times. Just did not take the super low heavy oil prices and lifting cost into account in his post today.


@ljitmoron:

The board runs the show; they hold up their hand when they vote on something so, for the most part, it doesn't matter who owns the shares. This board has almost no skin in the company other than to keep their pay cheques coming. This mgmt team is so unpredictable that they are becoming predictable (if that makes any sense). Folks are starting to wonder if they will actually poke a hole in the ocean or not. Who will analyze the results? 

Why doesn't Frontera take a picture of Suresh and swallow CGX already; they can use the picture when they attend meetings with the government.

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