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 > The CFO & CS sold 94% of their CGX holding

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Comment by oldcompanymanon Oct 21, 2021 11:07pm

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Post# 34035814

RE:The CFO & CS sold 94% of their CGX holding

Gents,

Is it me or does this article look like written by a machine, not an actual human? For me, no actual human being who witnessed yesterday's feeding frenzy and who has a bit of common sense would write "The silver lining is that this sell-down took place above the latest price (CA$1.13). So it is hard to draw any strong conclusion from it."

Furthermore in some places the syntax does just not sound very human, at least to me but I'm not a native speaker.

I guess it's one of these AI-generated pieces of S.

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