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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

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

Comment by soulfireon May 11, 2022 11:44am
167 Views
Post# 34674171

RE:# Unanswered Questions

RE:# Unanswered QuestionsYD other things to consider, why weren't DeAlba or Suresh there?
DeAlba also missed the Energy Conference in Guyana.
They don't have a plan moving forward, they live day to day IMO. This is why no one wants to park their money in this stock.
The minister of Natural Resources needs to put the pressure on these guys to PUT UP OR SHUT UP!!!
Or maybe, us shareholders may have to inform the Minister ourselves.
The presentation was a great idea but poorly thought out.
Why dodge questions? they should have known what the questions would be ahead of time and be more prepared.
Absolute Imcompetence
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