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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 Phantombloggeron Dec 13, 2021 9:33pm
278 Views
Post# 34227498

Ambition

AmbitionGlad Chris Wallace was fired from Fox! He was an opportunist.
No different that Megyn Kelly; she got what she deserved! can't stand those two opportunists!
SO many of you may know, the same obtains in Guyana, on a grander scale, which is the reason (while Suresh Narine was writing crazy letters in the media) this thing could have gone any other way.
Before the Exxon find at Lisa1 in 2015, CGX worked its way into the Guyana Psyche as the national oil company. But since 2015, things have changed. It looks like people have forgotten about CGX, while Exxon reigns supreme, like a colonial master. Which is why Jagdeo could threaten CGX about not drilling and fulfilling their mandate.
As Taal has said, there is a lot riding for FEC and DeAlba here! AND by extension, all shareholders!
There's not going to be any leak before NR here! the CFO debacle has tightened up the system.
Where are those fellows Waitingstill and Westcanpride?
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