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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 Investnowpleaseon Mar 03, 2022 11:28am
225 Views
Post# 34479270

RE:Everyone still love De Alba?

RE:Everyone still love De Alba? <p> Yes lots of questions. Sounds like a gold stock from years past that they made a movie on. Lol<br /> <br /> There will be huge questions asked by governing stock exchange bodies. This will be very interesting. Their lack of information release will prompt that.&nbsp;</p> <p> when reading the press release again this stinks even more. Personally i think the chairman of Frontera has openned himself up to legal questions. Whether its a negative result or a small chance now in my mind of a positive result, he had a responsibility to shareholders to explain more. This just stinks of manipulation and that will not go un noticed. This will have a ripple effect in FEC stock as well.&nbsp;</p>
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