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 > Kevin Lacey exercises options early

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Post by trooper22on Jan 30, 2023 7:48pm

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Post# 35255244

Kevin Lacey exercises options early

Kevin had until Jan 5, 2026 to exercise 400,000 options, but it looks like he chose to exercise them as of jan 25, 2023. The options were for 49.5 which to me shows confidence in this company and wei. This is $200,000 out of his pocket.

SheDrills 45m

 					Here is Kevin Lacy’s hiring announcement…he had until 2026 to exercise his 400k options but he chose to exercise today and show the public his confidence

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