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 > OIL and GAS

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Comment by Dirksidetrackon Nov 23, 2021 1:12pm

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Post# 34157826

RE:RE:RE:OIL and GAS

I've said it before on this board; hydrocarbons are already stored solar energy. No need for wind turbines, solar panels and batteries.

Anyway they say that La Nina this winter will be brutal. She'll drag all of that cold Arctic air far south. When Texas freezes up again for lack of natural gas then prices will go through the roof. February, March will be brutal. Propane shortages in Eastern Canada. So if CGX hits some condy as well as oil then even better.

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