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.

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CGX Energy Inc > Pelican Brief

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Comment by Dirksidetrackon Jan 09, 2022 6:09am

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Post# 34297210

RE:RE:Pelican Brief

Well thanks for that Phantom. The well is already a commercial success. How do I know? By what hasn't been posted. If someone had been trying to trash this stock, they would have posted proof of hole problems so serious that CGX would run out of money trying to resolve. But they got Stockinger and Lacey running the show. They are probably in pay right now. So now the sp is just waiting for how good it is.

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