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 > Re Confirmation of rights

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Comment by Mat1791on Jan 21, 2023 2:24pm

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Post# 35237553

RE:Re Confirmation of rights

taal wrote: Its not so much about the 20 or 40 cents and yes you could have gotten shares cheaper a month or so down the road..Fronterra can't exactly go to the market and pick up 45 million shares...Its the fact that Fronterra wanted All the rights offering and they got them All...Gave me all the confidence I needed......Glta

Gotcha, good point, read the post differently

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