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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 AnMaron Dec 11, 2021 6:30pm
152 Views
Post# 34222305

RE:RE:RE:My Take

RE:RE:RE:My Take
madmike0 wrote: "However, CGX may be in the form of an unlisted security like a derivative or other form of security. I guess that the dealers must create new financial products out of oyl shares.

So, if it's true that oyl outstanding shares may exist as a component of other forms of non-equity security," What are you talking about???? Even more outrageously we get the " Been reading Cloudy as well. Guy knows some history of this company. Has done his dd."
Time to dust off the "ignore" feature but I'm afraid with the majority of quality contributors to this cesspool of a board being already chased away there won't be much to read.
Last one remaining turn off the lights.....

Mike



I'm afraid you are mostly correct MadMike; it is a case of "the inmates are running the asylum now".

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