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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 Miftee9on Mar 08, 2022 4:40pm
269 Views
Post# 34497086

RE:RE:RE:email to CGX

RE:RE:RE:email to CGXI think the financing unknown is the biggest culprit.  I believe the smart investor sees what we have regardless of the bad release. Mybe I am naive and the smart investor is far and few between.   I just hope they clarify the financing and maybe put on the table what they are thinking so we can get that out of the way.  I know they wont or maybe they cant but I do hope we get a final positive report on the findings of Kawa and a JV announcement and that will clear everything up.  I am in so deep I really shouldnt be even looking at these boards or even the stock price.  But like a bad train wreck, I cant turn away.  GLTA my fellow longs.
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