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.

TSXV:OYL - Post by User

CGX Energy Inc

<< Previous

Bullboard Posts

Next >>

Post by ThosAquinason Dec 22, 2021 12:23pm

248 Views

Post# 34254855

Watching the Horizon

The potential for this well's results to transform CGX is food for thought. Paradoxically, I look back on this CGX chart with great optimism, especially in light of the general outlook for petroleum.

This Ninepoint Energy fund manager's analysis is worth the 40 minutes in my opinion.
GLTA

https://www.ninepoint.com/commentary/commentaries/2021/102021/eric-nuttall-october-market-view/

<< Previous

Bullboard Posts

Next >>

Sony’s Alpha 1 II: A new professional photography standard?