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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.


TSXV:OYL - Post by User

CGX Energy Inc > I'd like to direct this to Shedrills...
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Comment by stark15on Jan 10, 2023 4:05pm
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Post# 35214250

RE:RE:RE:RE:RE:RE:RE:RE:RE:I'd like to direct this to Shedrills...

RE:RE:RE:RE:RE:RE:RE:RE:RE:I'd like to direct this to Shedrills...Jada, a2bman et al....

I have said for years.....the reason u want CGX stock over Fec stock is....CGX CANNOT be bought or 'taken out' by Fec, why?  Because its in the original partner agreement..."CGX WILL REMAIN A SERARATE ENTITY".....CGX has many government people who indirectly own CGX stock and have for MANY years....they will not 'settle'....they want to be PAID!!!  Not to mention other Fec assets that are a drag on their SP....we are now FREE & CLEAR and NOTHING will hold our sp back when good news comes!!!

I am NOT saying Fec is a bad stock....it is not....what i am saying is you will make more with CGX! 

Comment from another board..."FEC is great but the % leverage is on OYL!!"
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