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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 RightAngle45on Mar 03, 2022 2:55pm
262 Views
Post# 34480254

RE:Re Fronterra

RE:Re Fronterra These guys are some of the most crooked ba$tards you will ever see.
That was the most retarded news release one can imagine. Starting off with how safe they drilled the well with only one issue. Then state (so matter of factly) that they plugged and abandoned the well and sent the rig home. This has fraud written all over it.
And how many times in the past have they halted the trading when the price spiked, to say there was no material reason for the stock spike. They didnt want it to go up. Now they let it crash before it was halted..
This just reeks of fraud.  And this is the star studded dream team  that looks like they did no coring and just have samples and still have to get a third party to anylize them. It is starting to make more sense why that CFO quit, maybe see didnt want to go along with the scam.
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