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

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Post by Frank007on Dec 14, 2022 8:43pm

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Post# 35172229

Kawa well

When it was spud .....cgx had Beatrice area ,Demerara area ...66% of corentyne.area ....now not so much frontera has 93% of corentyne ...through its share in cgx and y
the loan. Transfere .....Demerara gone betrce gone ....but is building the port ...and just who do you know who just happens to own and operate Puero Bahia port in categena .....you guessed it Frontera ....so my investment is you guest it Frontera ...I do have a few cgx though ....glta

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