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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

Energy Oil & Gas E&P
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

CGX Energy Inc > Re Cgx
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Post by taalon Mar 04, 2022 9:00am
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Post# 34482476

Re Cgx

Re Cgx
I suspect after losing half of its market cap and with many Guyanese gov officials holding shares it may have been the Guyanese gov that instructed Cgx to elaborate on yesterday's release..I doubt that us shareholders hadmuch to do ..No disrespect Soul ...but we've done this before and on many other companies and its Always fallen on deaf ears....Glad for the release... Someone is looking after us shareholders and its Not Fec
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