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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 SheDrillson May 06, 2023 8:48am
605 Views
Post# 35434467

Saturday 9 AM CST YouTube Live Event

Saturday 9 AM CST YouTube Live EventAt 9 AM CST today I'll be presenting an Oil & Gas Deep Dive on YouTube covering fundaments, onshore vs offshore and my favorite picks in the sector.  CGX Energy & Frontera Energy will be covered at the end.  Here is a link: https://youtube.com/live/I1Cfb6JRVJQ?feature=share
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