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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 > HUGE NEWS ON URANIUM
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Comment by Goldrush97on Oct 31, 2021 12:18am
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Post# 34070045

RE:RE:RE:HUGE NEWS ON URANIUM

RE:RE:RE:HUGE NEWS ON URANIUM
Most discoveries nearby to Kawa had significant amounts of gas/condensate. Pluma and haimaira few miles north in Stabroek block encounter condensates and did the 5 discoveries by Apache/Total in block 58. So it is expected that some gas or condensate will be present especially in the shallower Campanian target.
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