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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Comment by stark15on Jul 21, 2021 10:24am

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Post# 33580975

RE:RE:Re rhbender

I LOVE it as well.....why settle for pennies from a JV pre drill....when u can demand MEGA bucks post drill of a significantly de-risked area....and yes, I do realize nothing is 100% but it this situation I am glad DeAlba & co are taking the route they are..... This is not to mention the port that will be pretty significant to CGX value going forward as well as the Demerara drill.....exciting times to b sure!! GLTA

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From now on, dynaCERT instead of Bitcoin or NVIDIA?