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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 Neil2021on Dec 12, 2021 4:09pm
440 Views
Post# 34223414

GLTA from looooong-time lurker

GLTA from looooong-time lurkerHello everyone,

I'm an OG, who's owned CGX since 1999 and over the years accumulated a nice-sized position at a rock-bottom ASP.  I've also been a lurker on this board for many, many years.  Perpetually amused by all the nonsense posts and ridiculous infighting (daily, it seems) but also grateful for all the informative info and research.

Originally from the GTA (but currently work in the US southwest) and used to work in i-banking (junior M&A analyst--still recovering after 23 years), where one historic day an MD I used to 'talk shop' with in the office put me on to CGX.  The rest is history....a ridiculously long and infuriatingly frustrating history.  Like, holy sh*t, that's an understatement, as many of you know.

Now that we're close to concluding this chapter and hopefully beginning a new one of celebration and prosperity (no jinx), I just thought I'd come out of the woodwork and wish all of you strange and whacky characters a hearty GLTA.

If this thing really explodes, maybe I'll even join that get-together in T.O. for multiple beverages.

Cheers.
Neil
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