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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

Post by dragonfly454on Feb 07, 2022 8:14pm
331 Views
Post# 34406954

Red M&M or Blue?

Red M&M or Blue?All past exploratory works will be baked into SP  when the takeover happens ...it's all business ..a junior such as CGX will be at a point in its life cycle where it becomes ripe to be eaten ..unless of course the Kawa is something really exceptional...last time I checked it was Alladin that rubbed the lamp ...AliBaba maybe only has the 40 klepto disciples (us) lol...and a jenie up his sleeve...plus the whims of Catalyst to contend with..I expect expressions of interest to come in based on good data..so the first step is the data..the proof is in the pudding...some may find this off putting...to the SP in the interim like now..but be patient..Clouder you should be off pudding..8000 to 10000 acres 200 feet pay..40% porosity ..37% API.the green beam comes with a dot..bids coming in hot...Smarties vs M&Ms  ..which you prefer ..Oyler2022 we know you a Skittles guy..tasted the rainbow too much did you?
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