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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 taalon Jan 04, 2022 6:44am
432 Views
Post# 34280775

Share price

Share price
Good morning my fellow shareholders....I wish I knew if our Kawa well contained oil...because you would all be the First to know...But today or this week is a very pivotal time for our share price and may give us an insight as to what is going on behind the scene...Remember people Lie ...Stocks Dont...Our Pivotal point is that $2.70 mark Can and $2.20 Us. Not since Jaguar(I still can't believe how Repsol Stole Georgetown from us)but not since Jaguar has our share price reached our high of $2.70..If we breach that number this week and close above it on big volume ...that should add some rocket fuel to our share price and might give us an indication of whats to come ...How high we go Not sure ..but into the 3s should be a given....Good Luck to everyone and hoping we all come out of this unscathed....A pleasant change that the small retail investor could Finally come out on top...GLTA
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