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 > Monkfish tastes like lobster

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Comment by Dirksidetrackon Feb 12, 2022 8:19am

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RE:RE:RE:RE:RE:RE:RE:Monkfish tastes like lobster

Yeah Bloomberg reports that total global debt is about $330 trillion. Debt is nothing more than a claim on future earnings. People say that the debt is too high. Some will have to be paid off and/or written off. Inflation is just a way to make everybody pay it off. But inflation is now getting out of control. So what now? Write off the debt via defaults, bankruptcies? War is a good way to write things off. Oil price would go crazy.

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Advancing flagship Ishkõday Gold Project in Ontario