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 dragonfly454on Feb 01, 2022 9:44am

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Post# 34384598

It hasn't sunk in yet

The shorts are gonna start panicking soon ...This derisks Wei-1 in my opinion we just have to drill it.

API is about 37 Sweet and Light ..so tick that off ..

Next thing they drilled 3 stacked targets ..there are places with bigger pockets that will now be interpreted according to the tie in from Wire Line and that will give a whole new perspective.

ANyways I wanted one thing to guide me that was the API ..once its not Jethro Joe Eco ..I'm sticking around ..Truck will wait im not selling at US$4.00 ..I want Wei-1

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