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.

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CGX Energy Inc

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Post by Schreibzeyon Apr 07, 2022 3:23pm

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Post# 34585462

La Republica - OYL

https://www.larepublica.co/empresas/el-conflicto-en-ucrania-impulsa-la-inversion-para-producir-y-descubrir-gas-natural-3338703

Credit to Stockholm on ceo.ca. Spanish speakers, pay close attention to 7:50 mark. Appears to be some dispute between the video and written form, specifically, "¿Cundo se perforarn estos pozos exploratorios?

En Colombia, an no hemos perforado ninguno de los tres pozos previstos, pero estamos planeando hacerlo a partir del segundo trimestre de este ao. Frente a el pozo de Guyana, por ser costa afuera, esperamos que el inicio de la perforacin se haga ms hacia finales de junio."

End of June works too.

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