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 > Share price

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Post by taalon Oct 01, 2021 10:27am

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Post# 33951909

Share price

Unfortunately I think we are range bound between 1.60 and 1.90 until after Oct 28....If share price doesn't move Shareholders are more likely Not to exercise thier rights ...therefore more shares for Fronterra...If share price does move then most shareholders would probably sell thier rights ....so why would Fronterra want to pay extra for the rights to aquire shares when they Don't have to... Range bound with No volume ...no news ...until after Oct 28...Glta

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