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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

Comment by Hoorayon Aug 27, 2021 10:45pm
200 Views
Post# 33777766

RE:RE:RE:RE:Risk and strategy

RE:RE:RE:RE:Risk and strategyDirksidetrack and oldcompanyman posts are what we need at this time but don't fool yourself.... what we need is interest in this stock and management has not been helping. Most of us here are long term investors and we just need the stock to move. Maybe we will get a JV or maybe we will get a takeover but "we as shareholders just need be profitable.......hmmm. Have an exit plan and be profitable.... because anything is possible as it relates to the stock market. I have been reading posts on this site and people ask about price predictions.......really.......this is the stock market!!!!!!
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