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 > Oil slips from highest level in a month as U.S. stockpiles s

<< Previous

Bullboard Posts

Next >>

Comment by Jbadboy28on Jan 06, 2022 7:47am

182 Views

Post# 34288253

RE:RE:Oil slips from highest level in a month as U.S. stockpiles s

I believe yesterday was a buying opportunity at least for energy related investments. It's always a concern of mine though when market valuation is as lofty as we are experiencing presently. Let's hope we have a few more months before the dominoes suddenly fall bringing down the solid investments down with the speculative and everything in between.

<< Previous

Bullboard Posts

Next >>

E3 inches closer to Alberta's first lithium production plant