Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by Miftee9on Jan 10, 2022 6:18pm
338 Views
Post# 34301664

RE:RE:RE:RE:RE:Interesting couple weeks upcoming

RE:RE:RE:RE:RE:Interesting couple weeks upcomingI'm with Jada.  I think they have the goods and are negotiating a JV as we speak.  I suspect they already have an agreement for an extention on their leases and they will make one big announcement.  Personally, i hope they announce a big find, then a JV, then extension. That would do wonders for the shareprice.  Don't forget the insiders (gov't officals included) have been waiting just as long as the rest of us.  FEC management do not benefit from a low share price.  They have 80% already so keeping it low so they can gain a few shares does not seem practical.

And if they don't have the goods, we will have to survive somehow and live to fight another day.  Seems bleak but this company has done it before.   Lets hope for a big finid.
<< Previous
Bullboard Posts
Next >>