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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 Jbadboy28on Aug 18, 2021 4:12pm
282 Views
Post# 33725033

Excitement is brewing

Excitement is brewing
CGX owes me nothing at this point ...I could walk away tomorrow with a 10fold return generated on my held shares;not to mention the 10's of thousands I've profited since I began investing with my position with them...I hold a sizable position with both CGX and Frontera...CGX has Oil it's just a matter or not if they hit in this most recent attempt. If not the stock will take...I like playing with the houses chips..Excitement ahead anyway you look at it
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