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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 SportyJon Feb 17, 2022 12:22pm
228 Views
Post# 34438443

RE:Slow day under the Shadow of the mushroom cloud

RE:Slow day under the Shadow of the mushroom cloudDfly, you're so full of C. Like an inverted V pattern. Devanand1 posting news that the guyana Gov encouraging locals to explore onshore...interesting. If the Kawa results are real, Cgx should have no problem doing a JV to pay for past and future. Time for the Eagle to be pushed out of the nest and fly on its own. Buying here.
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