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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 Gtboyon Feb 21, 2022 4:09pm
270 Views
Post# 34448430

RE:coloradobluff:Kawa well likely found worthless gas, not oil.

RE:coloradobluff:Kawa well likely found worthless gas, not oil.I think you shoud call yourself "drunk all the time" instead of drunk at noon. YOu really will focus on one word and determine that they havent found oil? Really? Did you read the Government of Guyana news release about CGX fining Oil? Did you listened to Suresh's presentation and I wonder why all the excitement with CGX, the government etc since the find is all about then? So you are such a genius who is better than all the technical folks who worked the drill ship etc that you know better than them its not oil and yet after wasting 150mil on fiding "Not Oil" Kawa is investing another 100mil into the same block to find "not oil" again? genius -or drunk- you are.

Ok then enjoy yourself
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