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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

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

Post by ohu812on Nov 07, 2021 9:06am
239 Views
Post# 34097141

Guidance

GuidanceAverage people look to this board for guidance or some type of reassurance that they are part of an investment that makes sense.  Everyone has different entry points and exit strategies and also very different in the size of their investment or risk on this play.
Many new names on the board and older more familiar names have gone quiet.  Many decisions will be made over the next month so looking for solid advice.
Some people don’t realize how much influence they have on the ordinary investors decision making process because we are not experts in this field.
Hoping that some of the people that are not as active of have disappeared completely will return or stay active. 
Oil_Run, Chedda1, Misfit, and appreciate the long timers that stay active and try to bring clarity to the board.
Come on guys it’s show time, the playoffs!

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