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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

Post by CLOUDERon Aug 09, 2022 3:40pm
257 Views
Post# 34882686

BUY TCF, OR TCF.WT

BUY TCF, OR TCF.WTIf you want to make a chit load of money in weeks,imo,    the rig is on it`s way IN THE BLACK SEA  in a month  TCF will be producing NAT GAS at it`s own facility, from there 4 platforms that they own ,they are 49%,  there partener is TPAO,  the turkish  government  oh yah they are desperat for the gas man,  $28 to $30  U.S. a MCF at the moment and going much ,much,higher this winter   IMO.   oh yah   TCF`s  net backs are hugh,  it only cost they about $3  U.S. a MCF then the rest is theirs,   just  sayin,  this is the calm before the storm, and a nice  bull flag is a formin.   ps, check out you tube for DD.
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