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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 CLOUDERon Jun 30, 2022 7:59am
126 Views
Post# 34793073

RE:For Clouder ,SportyJ,DST

RE:For Clouder ,SportyJ,DSTTCF looks a lot like SOU  but SOU has a lot less shares after the financing and 3 wells now cleaning producing,and production is ramping up already ,they also have production to that goes to henry hub, well all will.I think the states are a better durisdiction then turky but the price you get for gas is better there, this could change with the hurricane  season starting now, i bet it will. BOTH stocks have come down with this financing,  SOU one was at  87 cents  and  TCF  at  31 cents.i think the best one is  SOU  sinse it is at 75 cents now    TCF  later,there production is further out from SOU.
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