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

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Post by Devanand1on Jan 21, 2022 8:52am

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Post# 34341478

Brazilian President cancels visit to Guyana today after deat

Brazil’s President Jair Bolsonaro has cancelled his visit to Guyana today following the death of his mother.

The Foreign Affairs and International Cooperation Ministry in a notice issued this morning said that it “regrets to inform that due to the sudden and unfortunate passing of the mother of His Excellency Jair Bolsonaro, President of the Federative Republic of Brazil, his official visit to Guyana will no longer take place today.”

President Dr Irfaan Ali has since extended his heartfelt sympathy to his colleague on his loss.

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