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 > CGX Wei1

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Comment by Rapsanion Dec 05, 2022 5:44pm

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Post# 35152098

RE:RE:RE:CGX Wei1

Please check your June 26 comments.. don't think you have been right. We've seen progress on the port and the announcement last week.

2. When will the port open its first phase? Never! Frontera has no intention of completing the port. Frontera or CGX has no contracts. The Guyanese Government are really unhappy and have signed a deal with a middle East outfit to build another port. FEC/Frontera has wasted more shareholder money!

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