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 > GT Boy

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Post by dragonfly454on Jan 31, 2022 11:17am

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Post# 34378610

GT Boy

let me just say ..I post the bad,the good,the ugly ...we had a nice spurt just now...maybe with the Anchor Handler out of the way we corrected after the the RigMax post so with Maersk Discoverer directly at Kawa and Pacific Duchess heading back to Stevastopol in Trinidad we can assume that drilling in the last say consevatively 6% is on the way ...with the Santonian Unconformity penetrated the H23 and H 25 will be academic..using the new bit and Top Drive ..so lets stick in some caution WAIT FOR NR !!!

Guess there was some profit taking this morning...Im just happy to see portfolio value looking good ...

SportyJ how you doing mate??

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