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 Tracer69on Feb 01, 2022 5:03pm

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Post# 34387021

I was in deep 10 yrs ago

I lost 90% on my holdings. 10 years ago like many here.

I did buy back in before Xmas at $.90 CDNA.I have made back my my losses plus 50k.I do have nothing but respect for anyone that has held this for over 10 years.Good for you and God bless.I am in the Dominican Republic for a few weeks.I may fly to Guyana next as it's too cold to go home.I am so glad they finally hit pay zone.They are beyond broke but I will hold my remaining position that was $15 before reverse split..So for many it has been too long coming.Cheers!

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