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 > Flip a Coin

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Comment by ljmorinon Apr 12, 2022 9:19pm

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Post# 34598867

RE:Flip a Coin

As allot of very succescful investors say, Buy into fear and when there is blood on the streets.
A few Billionaires have words like that.
After 22 years or so I've seen it all with these guys.
Ask yourself one thing though, Why have they not lost Demerara yet and the Gov hasn't announced that it will be putting it on the auction block??
GLTA, Man you guys and Gal's get worked up. Depends on your position though I guess so thats fair enough.
lj

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