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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

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

Comment by westcanprideon Feb 02, 2023 12:44pm
191 Views
Post# 35262622

RE:RE:Unexercised Options

RE:RE:Unexercised OptionsWhat kind of blithering nonsense are you talking about Stark? 

Your telling me Lacy knows more about upcoming well outcome than De Alba, and hence that is why he made the conversion of shares? If that is the case, then what in the living hell is De Alba doing in these JV talks with other companies or discussions with government officials? He should know just as much as Lacy and be able to use this knowledge in discussions... in fact, that is one of his biggest responsibiities. 

Like I said, many of you guys on this message board have your favorites (De Alba) and those you dislike (Suresh)... and yes, I am no different.

But its funny. Suresh makes a positive move, and folks comment/postulate that he only did it because he reads messages boards and felt the need to follow Lacy. De Alba does nothing, and someone comments about that, and boom people get all defensive. 

In my opinion, leadership goes a long way. Putting up a couple hundred thousand to convert some shares shouldn't impact De Alba financially... and if it does, then he's a bigger joke than I would ever imagine. No different than people joking about Suresh's financial "problems".  
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