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 > Disclosure of informationa botu the rights - for OIL_RUN

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Comment by oldcompanymanon Oct 19, 2021 10:47pm

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Post# 34025425

RE:RE:Disclosure of informationa botu the rights - for OIL_RUN

One question, with no disrespect to any country (I'm neither Canadian nor American); a friend told me that Toronto is a very loosely regulated market, compared to New York and that companies who choose to be listed in Toronto can practically get away with murder. Any truth to that? As stated several times here, I don't know much about markets so interested to hear people's thoughts.

I don't judge, I don't state, I just quote :)

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