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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 Mat1791on Dec 12, 2022 10:24am
125 Views
Post# 35165958

RE:RE:RE:RE:RE:RE:Is this the week...

RE:RE:RE:RE:RE:RE:Is this the week...
1StewPidBatPiss wrote: Because I keep on forgetting my password. Lol. I must have over 5 gmail accounts. It's so easy for one person to be many people on this board. My next handle will be batspissstew. Got bats on my mind cause they buzz past my head in the early morning. Lots more insect because of the very rare piles of rain we've been getting lately.

Right now nimbostratus clouds mean more rain today. Something is up with the climate. Lots more water vapor in the atmosphere almost everywhere it seems. Relative humidity values don't reflect it. A better measure would be the humdity ratio.  Lots of flooding in Colombia, Venezuela etc. I hope that CGX builds that new port on high ground. Just in case. I read that Georgetown's seawall needs to be extended laterally to protect all of the new facilities and infrastructure being built. I'm thinking of buying some Guyana stock exchange listed shares. Billions of dollars are flooding into Guyana and this is just the start of an accelerating trend of economic growth.

Oh the increased water vapor is not because of CO2. It's because of the millions of tonnes per day of high molecular weight therefore high heat trapping capacity, toxic industrial air contaminants that humanity spews into the air every day.

Once they figure that out they'll realize that nature already has figured out how to pack the most energy into a given mass. Short of the binding energy in the uranium nucleus it's hydrocarbons which have 60 times the energy per unit mass more than lithium batteries. So most energy delivered with the least environmental impact at the best cost is hydrocarbons. So I expect that global demand will only increase. Keeping my eye on the weather in Guyana. Stormy seas with high tide tend to flood large areas. Hope that CGX designs that port for 100 year storms. But I have no idea of how to do that.


Doesn't the "forgot password" work for you??

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