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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 26, 2021 11:19am
139 Views
Post# 34169026

RE:RE:RE:GREG MANNARINO

RE:RE:RE:GREG MANNARINOYeah no shyte about energy costs. You can google it yourself cause too drunk on rum right now to be bothered to look for and post links. But French utilities yesterday report paying 670 euros per megaWatt-hr (their cost) for energy inputs to produce electricity. Think about that!

670 euros per megaWatt- hr is 0.67 euros per kiloWatt-hr or about $1 Canadian per kiloWatt-hr. In Canada max rate is about 20 cents per kiloWatt-hr thanks to our abundance of hydrocarbons. Hydrocarbons gonna save the world's economy. He's no genius. Just got a bit of common sense like me, drunk on rum or not. Common sense is always common sense. Otherwise the logic wouldn't be common.

Hey Dfly! Drinking 12 year old Venezuelan Carupano Oro, 12 years old, won gold as best 12 year old in various rumfests. Yeah I know that Guyana got about the best sugar cane growing conditions to make great rum buy we right next door. Anyway bottle of 12 year old Carupano Oro just cost me $8.48 US. Probably $90 in Canada.

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