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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 > ATH 1.300.000.000 BARRELS OF OIL RESERVES
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Comment by CLOUDERon Mar 08, 2022 10:40am
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Post# 34495062

RE:ATH 1.300.000.000 BARRELS OF OIL RESERVES

RE:ATH 1.300.000.000 BARRELS OF OIL RESERVESincredible   and it is now up 15 cents, but guys in the ground is 1.4 ish TRILLION $    PROVEN AND PROBABLE,    if CGX had a billion  barrels 3 miles down under the water at 400 million shares what do  you think it would be worth?
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