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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 waitingstillon Oct 14, 2021 11:29pm
205 Views
Post# 34007904

RE:RE:RE:RE:I keep

RE:RE:RE:RE:I keepI agree with ljmorin. I have been here since either 1999 or 2000. Can't recall. I took a little off in 2007 at $4 but piled way more in after that. Kept buying all the way down to 10c. You can say I am a BELIEVER!! I took my moniker in 2012 as I fully expect our drill in 2013 to turn the corner and I had already been waiting still for 12 years. I actually tried to get Still Waiting but it was taken! Lol. Who would have thought I would get to 21 years. I brought many into this play but, unfortunately most did not have the patience to wait it out. I have not removed much off the table as of yet. Waiting for the run up to get my capital out and then wait for the news. I have to say I was planning for the SP move after a JV to lighten up before the risk of the drill bit. I never dreamt we would get to this point without a JV. But here we are.

I very much appreciate the new input. OIL_RUN has been awesome providing his technical insights the past few years and the recent posters are really adding to the discussion here which makes the play even better. I have to say that even after 21 years. these last few weeks are painful waiting...still.. Need more patience grasshopper. More patience.
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