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 > Re re loan terms

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Comment by Devanand1on Apr 11, 2022 12:10pm

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Post# 34593969

RE:RE:RE:Re re loan terms

i have stated before and I will repeat it here again. This company needs to be led by an experienced oil person and a person with some knowledge of raising capital.Suresh is not the right person to lead this company at this point in time. Suresh idea of raising capital is by making a phone call to Frontera. I have nothing against Suresh as I don't know the man but his style of keeping shareholders informed does not work for me. He needs to be bought out and sent packing.... to put it mildly.

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