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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.


TSXV:OYL - Post by User

CGX Energy Inc > GEOLOGY
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Comment by Udinese69on Oct 07, 2021 4:48pm
145 Views
Post# 33983951

RE:RE:RE:GEOLOGY

RE:RE:RE:GEOLOGY
I am a simple person that is trying to invest and make money!
I have no knowledge in the oil industry. I quess drilling location is good?
I looked at oyl & all looks good. Read alot about OYL and did alot of due dilegence investment hopefuly to make money
My OPINION only. OIL is going nowhere down in the future.
Take a look at all the products that oil produces!   Every day Lives?
Transportation 27 %     73% everyday products
Fact.  Do you believe in Renewables at the presant time?  Just asking?
What  are the ??
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