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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 taalon Nov 22, 2021 6:07pm
303 Views
Post# 34154783

Re Sporty j

Re Sporty j
I think Sporty j post is dead on ...Only common sense...Cgx paid for rig to get to Kawa location and when completed Trinidad will pay for rig to move to Trinidad....As far as share price goes as per my previous posts ...I figured they would keep the price in check until almost the completion of drill campaign...Just like that big orchastated shakedown earlier this month ...I believe we will see a quick upward movement in our share price either the end of this month or beginning of next....They will not make it easy to hang on to your shares .....the longer it goes without a release the more nervous Investors will get...I do believe we will still have a chance to take some money off the table...before any news release....GLTA
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