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 > On the way?

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Comment by waitingstillon Aug 11, 2021 5:45pm

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Post# 33689156

RE:RE:RE:RE:On the way?

Thanks OCM. I guess Discoverer is traveling on her own at the moment according to marinetraffic.com Unfortunately for me, I am tracking it every 5 minutes and it only goes 5 knots/hour! lol. Well, we are on our way. Another decent gain today. Should arrive 18:00 on Aug 16th and I believe 1-2 days to spud.

FEC has their Q2 CC tomorrow. Hopefully we get an update although not sure what they can say. So we have about a week before we spud. Hopefully we are between $2.50 and $3 by then. 900,000 shares traded on all platforms today so it is decent volume as well. Go CGX Go!

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