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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 taalon May 04, 2023 12:42pm
181 Views
Post# 35430374

Wcp

WcpJust a bit of clarification  on your earlier post.In January 2022 cgx traded in a tight band then at the end of Jan it tanked hard and then magically beginning of Feb it skyrocketed...

It tanked hard in Dec 15 2021 to .88..then 7 trading days later it traded in the 2.50 range and remained there in that range for all of Jan...It did Not tank hard...And then magically skyrocketing...
They announced 228 ft of pay DUH!!!
IF there is anything that you can spin negatively we can sure count on you....
Your still the same old boy you used to be....
As far as yesterday's action ...like I've said numerous  times on this board...If this well is successful then be prepared for a lot of fluctuations and manipulating in order to get your shares...They will Not make this easy for us..
GLTA...BTW..Great questions by Shedrills on conference call....
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