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 > Its alive

<< Previous

Bullboard Posts

Next >>

Comment by whyworryon Jul 20, 2022 4:30pm

344 Views

Post# 34838348

RE:RE:RE:Its alive

Mark Zoback's final thoughts:

"-the results are completely concordant with neighbouring discoveries...
-it's hard to overstate how excited the jv is with the results..

-we could not be happier..."

Then they relinquished Demerara and Berbice.

The news was already out. You trust management or you do not. Thanks to the regulars for the continuing obfuscation and bashing. You bash, I buy. Cheers.

<< Previous

Bullboard Posts

Next >>

Who, why, and what of the great "Crypto Surge"