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 > Time Bomb ?!

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Comment by whyworryon Oct 19, 2022 12:59pm

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Post# 35034019

RE:Time Bomb ?!

Yeah, the sky is falling... The loan maturity date has already been extended from June 30 to July 31, then to Sept 30, now the end of Nov, initailly to finalize the farm in, now waiting for final TSX approval. If FEC was gonna pull the plug they would have done it July 1, and could have done it countless times before.

Go back to posting memes of kids crashing their bikes on stocktwits.

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