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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.


TSXV:OYL - Post by User

CGX Energy Inc
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Post by Frank007on Feb 20, 2023 2:50pm
201 Views
Post# 35295215

Port project

Port project Usually I would not be so interested in an industrial project except this one has so much potential ...just take look at a map of the upper Amazon area ...Manaus is 1000 miles from the ocean ...that where the upper Amazon trade goes through now ... Exxon is build ing a ngl pipline to shore ...the natural gas can and will be exportable ...but need a deep sea port ...the oil refinery project under review will also an s
add on....all the activity offshore Surinam ..must I go on ...
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