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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 waitingstillon Mar 10, 2022 1:07am
242 Views
Post# 34501896

RE:RE:One of the reasons the market is killing us

RE:RE:One of the reasons the market is killing usI agree 100 percent. The company needs to keep us up to date to some extent. But the only way to get that is for shareholders to continue to harass CGX however they can. Most of us can email IR regularly to encourage them to put out new. But I am guessing some in this group have direct contacts with the company or the govt. Those direct contacts could put some serious pressure on the company to act like a proper public company and keep their shareholders informed. But people have to take the time and make the effort. It is your money. Push these guys in whatever way you can!
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