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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 Devanand1on Feb 19, 2022 2:11pm
208 Views
Post# 34445114

Saudi Arabia Minister of State for Foreign Affairs visits Gu

Saudi Arabia Minister of State for Foreign Affairs visits Gu

Minister of State for Foreign Affairs and Member of the Council of the Ministers of the Kingdom of Saudi Arabia, Adel bin Ahmed Al-Jubeir (Wikipedia photo)MINISTER of State for Foreign Affairs and Member of the Council of the Ministers of the Kingdom of Saudi Arabia, Adel bin Ahmed Al-Jubeir will visit Guyana today.
A press release from the Ministry of Foreign Affairs and International Cooperation said over the last 18 months, Guyana and Saudi Arabia have intensified their collaboration, and continue to enjoy cordial and mutually beneficial relations.

The release noted that the visit of the Minister of State for Foreign Affairs will serve as an impetus for the further enhancement of relations between the two countries. Guyana established formal diplomatic relations with the Kingdom of Saudi Arabia on February 22, 2012.https://guyanachronicle.com/2022/02/19/saudi-arabia-minister-of-state-for-foreign-affairs-visits-guyana-today/

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