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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 > Which exception will CGX provide us?
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Comment by waitingstillon Mar 29, 2022 2:20pm
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Post# 34556224

RE:RE:Which exception will CGX provide us?

RE:RE:Which exception will CGX provide us?Hi Beaner. Could explain this more fully. Not sure what NR you are expecting and who is signalling. TIA. "Coming on two weeks now and still no release as to which exception applies to the secured loan to CGX. My patience is truly running thin and methinks that someone did some overzealous sidestepping when they signaled to the market that FEC was going to have it their way or no way at all. The deadline could be a signal that FEC is willing to play chicken with any offers on the table needing to be tied up by then."
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