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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 Dirksidetrackon Nov 10, 2021 8:08am
274 Views
Post# 34108771

RE:RE:RE:RE:RE:RE:Cfo

RE:RE:RE:RE:RE:RE:CfoYeah we're all just guessing and adding to the growing pool of info. Here's some more info: Marketwatch reports public float now down to 34.45 million from over 80 million last week. So 45 million shares or so went from public to private OTC exchanges? If true then publically traded shares are getting very scarce. Somebody wants them it seems. Here's where I got that info: https://www.marketwatch.com/investing/stock/cgxef
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