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 > Other Oil Plays

<< Previous

Bullboard Posts

Next >>

Post by oilinvestor2022on Apr 29, 2022 10:53am

296 Views

Post# 34642291

Other Oil Plays

This company trades at about 20% of intrinsic value. The neighbours are paying billions for piece of the action!!! When you look out your front door and see rigs scattered across the horizon!!!

The lands are not available to big oil unless they pay up for them!!! We have a captive audience. They aren't making any more land!!!

Our time to shine is coming!!! Good luck to all. Do your own due dilegence.

oil investor

<< Previous

Bullboard Posts

Next >>

The top 10 artificial intelligence penny stocks