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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 bazilfawltyon Feb 02, 2022 10:16am
160 Views
Post# 34388841

RE:Guess finding 177m ft means nothing to the share price...

RE:Guess finding 177m ft means nothing to the share price...yes Lumberjack  tree shakers are back at it. I was in Horn with the Somalia gun boat attack and exited at that time.  Kept my eyes on oyl later ....missed out  holding from .43 but  not  worried....world class area proven.  back in a couple of months back. Excited for the future here.
 Shorts pushing  SP down to cover ( cutting losses by buying at higher prices to average up...lol)  now as it could break loose any time...and I believe  break loose it will.
I am sure there is big interest in our acreages...sitting tight...hoping no gun boats!!!
     Baz
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