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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 Dirksidetrackon Feb 11, 2022 1:32pm
220 Views
Post# 34420963

RE:RE:Lmfao!

RE:RE:Lmfao!Why directed at my post? Everybody already knows that you can't count on certain people no matter how solid your contract is with them, whether it be a marriage or development of multi billion dollar hydrocarbon reserves. Rules can be changed at any time depending on the rule makers. Canada saw this with Pierre Trudeau's National Energy Program in the early 1980's when the commies decimated the oil industry. Let's hope that Guyanese have more sense than Canadians and Venezuelans.
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