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 > New Firebird LNG plant being developed in Suriname

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Post by Windyhillon Aug 08, 2022 8:26am

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Post# 34878150

New Firebird LNG plant being developed in Suriname

Ok Folks...... We just got a steady market facility FIREBIRD LNG participant taking all of our Raw gas. This should see heightened demand and activity for shares of CGX energy and other players in the Suriname Guyana Basin.

Truth be told this move by the developers, Phoenix Development company and its partners, with its business plan and LNG facilities makes a lot on sense.

https://www.firebirdlng.com/

These guys are moving ahead RAPIDLY.......

GOOD LUCK TO ALL LONGS.

WindyHill

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