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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 soulfireon Sep 30, 2021 2:31pm
255 Views
Post# 33946876

RE:RE:Disappointment at Suriname’s Block 58 as Keskesi fails to de

RE:RE:Disappointment at Suriname’s Block 58 as Keskesi fails to deWCP thank you for being the expert on (geology and the complexiities of stratigraphic traps)
You know so much and yet you bought into CGX given the risks and lousy management. 
For most of us longs it's a love/hate relationship.
Most longs got caught by lousy management but still believed in the prospects. Look at what EXXON has uncovered?
I think is you were an EXXON shareholder you would still be negative after each and every commercial discovery. This is your nature.
You pounce on the Keskesi disappointing result but I never hear you say anything positive when EXXON makes a discovery?
Hope you made out alright after selling and good luck to you with the remainder of your shares.
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