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 > Interesting quote in today's PR

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Comment by Mat1791on Jan 25, 2023 10:21pm

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Post# 35246901

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Interesting quote in today's PR

Happy to be on your special list...

Rememeber, you swung first.

Not sure what was misleading about the insider information??

During drill, all insiders will be in lock down, as you can see by the last few days, I believe any swings will be amplified for CXG which is the less liquid ticker.

IMO that may allow for some of my valuation assumptions to get priced into CGX before FEC.

Perhpas ride CGX early, then flip to FEC for the catch up.

Perhaps there's a chance to double dip??

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