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 > I'd like to direct this to Shedrills...

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Comment by Mat1791on Jan 11, 2023 7:03am

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Post# 35215148

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

Frank007 wrote: Just wondering where all the cash came from to keep the lights on.....I know that it was frontera who gave the Guyana $7 million for Covid relief in 2020 ....this show seems to be funded by them...yet it gets beat down....heck frontera 5 years ago was a $30 stock. ...book value today $19.50. Yet here it is with 2/3 of the corentyene cosession and nada ..zip ..somethings not right here ...just saying ...I have both shares but ...something smells here

FEC = EM play with a spec component

CGX = pure spec

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