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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.


TSXV:OYL - Post by User

CGX Energy Inc > Who is in charge?
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Comment by Sevosevoon Jul 07, 2022 12:34am
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Post# 34807363

RE:RE:RE:RE:Who is in charge?

RE:RE:RE:RE:Who is in charge?These articles are  close to ten years old and I would say that in 2011 and 2013 i would agree that Suresh and Jagdeo  were pretty close. Fast forward to 2022 and both Jagdeo and Minsiter Vickram   does not have a positive thing to say about CGX. Simply put: -  The goodwill has simply disappeared because the Government now understands  how the oil business should be managed by dealing with EXXON. CGX is a joke. 
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