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 > On the Contrary

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Comment by ljmorinon May 06, 2022 6:58pm

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Post# 34663762

RE:On the Contrary

So, Total's CEO and President just rang up his counter part Apache one day and said, Hey I heard you all had a good strike down there in Suriname.
Yip the Apache guy says. Then the CEO of Total goes well here's 5 Big ones sign us up.

Oh ok thanks for clearing that up sporty. Sorta though it was litte more formal than that but now I know.

Just a thought, but I was thinking maybe there was some sort of formal type of process going through legal and such but I'm clearly wrong I know now.

Have a great weekend everyone and good luck to all on Monday's findings.

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