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.

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CGX Energy Inc > Rough Numbers

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Comment by Dirksidetrackon Jul 22, 2022 2:44pm

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Post# 34844087

RE:RE:RE:RE:RE:Rough Numbers

Yes I agree Sporty. I can tell that you're oil patch from the jargon that you used. I'm hoping for more info to get out somehow but it is amazing, and I mean amazing, how tight info flow with these guys. I've never seen anything this tight in my over 40 years in the patch. It's all guess work and inference from an investors point of view. Will that continue through Wei? I guess so.

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