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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 Ebenizer3on Feb 12, 2022 1:46pm
259 Views
Post# 34423392

confident on cgx, and looking for next discovery.,..

confident on cgx, and looking for next discovery.,..question: what's ur take on what's going on offshore Namibia with the recent pr bout shell's graff-1 and totals venus-1x which is ongoing. looking for a way to play it if turns into something. the ds-10 was supposed to head for Sao Tome and Principe for a drill and then to Nigeria thru Sept 22 but turned south out of Walvis bay, almost like it was heading back to shells Namibia blk. kinda interesting, all comments welcome
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