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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 soulfireon Feb 19, 2022 8:39am
234 Views
Post# 34444612

RE:RE:Re WCP

RE:RE:Re WCPWCP I believe the problem is that you only show up when the SP drop. I do agree with you though, DeAlba should have made an effort to be there, missed an opportunity. (I emailed CGX and Frontera questioning this decision) The only reason Frontera can fund this drilling is because of current oil price so they need to get off their behinds and get a JV signed. Suresh is not the guy to get it done. I stand by my previous post of him being DeAlba useful idiot so they can swallow up more and more of CGX. We will see in the end. Hope after all this time we do get our due. GLTA
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