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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 stark15on Feb 02, 2023 2:34pm
198 Views
Post# 35262963

RE:RE:RE:RE:RE:RE:RE:Unexercised Options

RE:RE:RE:RE:RE:RE:RE:Unexercised OptionsThe only point u have is on the top of your head.....

Do you know how valuable those other blocks are?  No, but we KNOW the Corentyne has HUGE potential and already has value with Kawa....

Weak argument?  From you i'll take that as a complement, lol  You are covering for the FACT that you dont know.....u just 'throw' out misinformation to support your negative slants....

And finally.....how many posts on this board and others stated, while we gave up to much ownership, it could have been ALOT worse.....we are debt free with a FREE ride on Wei.....what a TERRIBLE deal!!  If DeAlba had let a 3rd party in to participate in our upcoming profit, our share would be LESS.

You go on with your glass half full....what if Wei is a duster?  EVERY article i have read, EVERY person in the oil & gas industry i have messaged with re WEI, shareholder and non shareholder say Wei will be a success, just how big is the question....not ONE mentioned the word duster!

But they were not talking to you! lol  You are just noise on this board.....
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