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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 BoykJurko11on Sep 12, 2022 12:46am
220 Views
Post# 34955727

RE:Bill's Longfellow

RE:Bill's Longfellow Yeah Dfly, I don't know how to even approach analysing any stock, much less something with a sp so volatile like oyl. I mean the sp is less now than it was pre-Kawa spud. Sure, more shares have been issued but even with those new shares the sp was over $3 this past January. I'm gonna take SportyJs advice and put this on the back burner. Go back to learning my air dispersion modelling. I bought a textbook by University of Calgary professor Alex De Visscher. Had to relearn some math which got me going on trying to apply it to finance. Doesn't seem to apply that well. Too much variance to quantify reliably. In dispersion or as chemists say diffusion the variance can be reliably quantified. I'll stick to that. I'll check in here every once in a while to see whats up but in the meantime you can always reach me on Whatsapp.
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