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 > Question: about liquidity

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Comment by Coloradobuffon May 11, 2022 11:12am

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Post# 34674033

RE:RE:RE:Question: about liquidity

I have been watching for 20 years as well my thoughts were based on since there is no deal maybe the partners are trying to negotiate knowing CGX has low liquidity. I am not trying to predict anything here as everything that has happened for 20+ years has not been the norm. Definitely no offence taken. That's what this board is about, to discuss ideas, and good food and wine choices while we wait.

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