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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 PlainviewOilon Feb 01, 2022 2:52pm
195 Views
Post# 34386389

RE:RE:RE:RE:Plainview

RE:RE:RE:RE:Plainview

Thanks Dirk. You're probably the only one that's been reasonable the past 24 hours rather than immediately assuming I'm shorting the stock (clearly some are, but I'm not discussing or answering any questions in bad faith).

I've been in the play for the long haul or at least longer than the majority of those around here. I was in for the share price bump post Zaedyus, and have stuck it out through the dusters, and reverse split. I'm thrilled that there's positive news, but I've also been around the industry long enough to know that there's a lot they still haven't announced. Hence the cautious optimism. Maybe the optimism isn't coming through, but it's there. 

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