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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

Post by bullishdudeon Mar 31, 2023 1:09pm
561 Views
Post# 35372189

Worst Disclosure Junior Company

Worst Disclosure Junior CompanyI have been following CGX for a while. Their public disclosures are a mess. The last one had them stating they were logging many weeks ago. So either they didnt finshing logging, meaning a messed up well. or they finsihed logging in which case they need to publish the results. I spent 20 years as a log interpreter, it doesnt take more than a few days max to provide an interpretation result.
So they must be unwilling to release the results, and carry on drilling? 
I am watching insider trades and if there was no "blackout" from the last press release then I will report them to IIROC aas I am getting very tired of this incompetence
I will post there insider trades if they have taken place after the last press release.

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