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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

Comment by CLOUDERon Nov 07, 2021 9:19pm
209 Views
Post# 34098227

RE:RE:Demerara maybe off the table.

RE:RE:Demerara maybe off the table.well with the heavy joe and jethrow,and the venezuela threats,yah it is off the table.IT is like some one listend to me ,i have been saying that CGX`s best  shot is the tip of the corentyne. BOY they sure did sismic the tip EH?  the tip is all you need for billions of barrels of oil,or gas condensate like the haimara.                      ps,  hey there could be a JV for  the demerara,  there is a lot of fomo ng majors out there that might want to take a shot at the hotest place on the planet for oil. let them get second best,lol.
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