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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

Comment by Dirksidetrackon Jan 16, 2022 6:50am
212 Views
Post# 34321341

RE:Yep Clouder

RE:Yep ClouderTolstoy, War and Peace. If world peace ever broke out then the world's economy would collapse.Yeah Dfly build, destroy, build again repeat as necessary. What conditions make it necessary? Global recession/depression? People out of work hitting the streets in violent protest? Well then put them to work blowing stuff up and killing other pissed off people. Works every time. It's why Guyana is such a great bet. It has avoided world wars, great depressions, etc. Plus who is going to attack it without severely pissing off China? They'll need the oil.
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