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 > Dance partner for JV selected

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Comment by Dirksidetrackon Feb 17, 2022 8:05am

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Post# 34437265

RE:Dance partner for JV selected

Oilinvestor2022, Any news on new trade missions/offices/banks opening up in Guyana? I did read that they want to take their stock exchange electronic and integrate it with other exchanges.

Money is really going to start flowing there. In Venezuela, the reverse is happening. The UK sees more economic contraction in the short to medium term. The UK is shutting down its trade office in Venezuela: https://www.smallcapnews.co.uk/uk-closes-venezuela-trade-office-for-lack-of-opportunity/

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