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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 taalon Mar 04, 2022 10:26am
370 Views
Post# 34483004

Re share price

Re share price
I've said this numerous times over the past year...If this play is legit(it is)and Kawa is commercial THEN hang on to your chair....hang on to that tree...because they will throw Hurricane force winds at you to shake you out...Look at the Blatant and misleading Release yesterday with Absolutely No regard for the minority shareholder ..which to me was intentional and released to confuse and demoralize the uninformed.... This s...it should Not be allowed and those responsible should be penalized....Disgusting.....
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