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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 waitingstillon Oct 22, 2022 3:38pm
329 Views
Post# 35041224

RE:RE:Online rig tracking is a SHAM!!

RE:RE:Online rig tracking is a SHAM!!Don't get too excited folks. The rig is still in trinidad. The guys writing these articles should learn how to read the rig companies schedules. October 22 means October 2022, not October 22nd 2022! Same thing for January 23. That means January 2023 and not January 23rd 2023. These are just estimates. Rarely are they accurate. In this case they are not accurate at all. I doubt we will get the rig before November 2022. When shell is done with the rig it will be released and go to guyana. We just have to wait.
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