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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

Comment by Phantombloggeron Aug 19, 2022 4:11pm
291 Views
Post# 34908353

RE:RE:RE:RE:Market Caps

RE:RE:RE:RE:Market CapsThere are merits in your post, thanks!
The CEO of EcoAtlantic, which you mentioned, is actively selling his company, even though they have expensively bought their way into the licence of others, such as JHI; As compared to our do-nothing management who have been sitting on their hands since 2015 Liza discovery; and who continue to collect millions in salaries, and free shares. None of them have bought a single share of CGX. Only retail investors have their hard earned money in CGX; while DeAlba is using CC money, none of his own.
Therefore, your "Imho and Dyor" is appreciated in this instance!
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