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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 > Wouldn’t they already know results from primary target now?
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Comment by Phantombloggeron Oct 21, 2021 4:02pm
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Post# 34034397

RE:RE:RE:RE:RE:RE:RE:RE:Wouldn’t they already know results from primary target now?

RE:RE:RE:RE:RE:RE:RE:RE:Wouldn’t they already know results from primary target now?"would be a pretty sad look on Frontera to be doing a press-release next Friday saying the rights offering is completed and that they are paying a pretty big premium on shares relative to the open market price"

WCP, they should pay 2.00 per share instead of 1.63!
We're here because of Frontera, whose history has been to drive SP down all these years.
What's that about their sad look? They should pay 2.70 per share and be happy, very happy, for what they have done to CGX. Got it for pennies! All this new stuff about news conference, is to save their a$$es from the possible reactions to that CFO actions. We've never seen Frontera/CGX so eager to have NRs.
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