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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 Harel1976on Aug 20, 2022 1:43am
374 Views
Post# 34908951

RE:RE:RE:RE:RE:RE:Market Caps

RE:RE:RE:RE:RE:RE:Market CapsAnd if you mentioned eco,  eco got 15% of orinduik,  an interest in canje,  acreage in namibia that is very hot right now that is larger then all the guyana offshore blocks all together with a 10 years extension,  a stabroek look alike in SA on trend with venus and graff with 7 majors competing to farm in atm and a well to spud in a shallow block which is atleast as promising as wei with better economics,  eco as no debt and 50m cad cash and is trading at half the price of cgx.
No need to sat more. 
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