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 > On a bright note

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Comment by SheDrillson Oct 19, 2021 11:39pm

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Post# 34025515

RE:RE:RE:RE:RE:RE:On a bright note

I'm getting shares available for lending from Fintel...at one time it was as high as 1,850,000 and now only 250,000. From that I'm assuming that 1,600,000 shares are currently being shorted and the borrowing rate has crept up to 69%. Those shorts are going to have to start buying at some point....though some may also have access to shares through rights....rights that expire next week. Tick Tick Tick

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