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 > Questions for Waitingstill

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Post by Phantombloggeron Nov 24, 2021 1:23am

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Post# 34160157

Questions for Waitingstill

At the announcement of the RO, the SP was around 1.99
You forecasted arbitrage, etc and mentioned 1.30 - 1.40
What do you think about this slow seepage from 1.67 to 1.33?
Do you subscribe to this possible 0.50 as per Catman/Clouder in the 'tails' scenario?
Do you think there is a trading range here of 1.67 - 1.08?
TIA
PS All others on this board, reading, lurking, with/without ideas, please feel free to post! Including Shorts and Longs!

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