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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 YancyDerringeron Feb 23, 2022 8:03pm
380 Views
Post# 34456057

If you are intelligent,

If you are intelligent,and of late most posting on this board are not!  You do not want any information about the oil results disclosed until such time that the market would give us a favorable and profitable reception. If you have been in this play as long as I have, since 1999, you don't want to squander good news in a unfavorable market with the european situation interfering with investors attention and mood. We have waited to long for this party. So a few more weeks or months won't matter. A delay is better than a disaster.:)YD
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