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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 a2bmanon Jun 02, 2022 12:20pm
115 Views
Post# 34726800

RE:RE:RE:RE:RE:RE:A G M

RE:RE:RE:RE:RE:RE:A G M
a2bman wrote:
Dirksidetrack wrote: a2bman, Oh ffs! Everybody knows that companies raise cash in only 3 ways. They either earn it, borrow it or sell shares. So why can't oyl earn it by selling interest in Corentyne? And why does it have to be a JV between other oil companies? Why not some arrangement between exporters of plantains from Venezuela and Colombia and exporters of noodles in China who have money saved in bitcoins?

 

You obviously didn't read the BIS Quarterly Report that I mentioned. There's trillions of dollars out there not sitting in bank or investment accounts. Yeah go on with your traditional funding mechanisms mind block. But the world has changed. Oyl finds oil, then this stock will soar. So the bet now is if they will find enough commercial oil on Wei? Maybe quit trashing Dfly. So the bet is really on whether oyl has got the talent to find and develop oil. I happen to know that they just drilled the most technically challenging well on the planet offshore Guyana. Yeah they can drill them and they got the best of the best in Mr. Durkee to develop them. As for the money? It's already there.


 




Ok so your going to do financings with bitcoin, your going to take payments in bitcoin LOL.  Far to volotile.  I dont need to read your article Ive done plenty of financings and would nenver take bitcoin

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