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 > Type A

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Comment by Dirksidetrackon Nov 16, 2021 6:21pm

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Post# 34134091

RE:Type A

Back in the 1970s when footage drilling was a thing. Stopped when oil companies realized that they were getting f'ed up wells. Started out roughnecking in 1978 on such wells in Alberta. 1000 feet per 12 hour tour minimum.

Yeah quit the bs that you got no cojones if you sell. People got families. This sp is not helping things. They got a good well or not? These guys need a good rally if they do.

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