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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 > Dirksidetrack Recent Posts
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Comment by Dirksidetrackon Jan 02, 2022 11:06pm
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Post# 34278142

RE:Dirksidetrack Recent Posts

RE:Dirksidetrack Recent PostsHi Phantom. Has anybody on this board ever been involved with huge, international deals before? I'd love to get some sense of the general outline of what the process looks like. It must be onerous with teams of lawyers, accountants, technical people pouring over information. It also has to involve the Guyana government. Does anybody have any ideas on how long it takes?
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