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.

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CGX Energy Inc > "Commercial" "Shows" and Insane PR Statements

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Comment by SheDrillson Jun 16, 2023 12:55pm

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Post# 35500446

RE:RE:RE:RE:RE:RE:"Commercial" "Shows" and Insane PR Statements

This statement is the opposite of downplaying:

"Results from the Well are consistent with pre-drill expectations. The Well has confirmed the Company’s geologic and geophysical assessment of the block." indicate Wei-1 has found one or more LARGE hydrocarbon accumulations.

The only conclusion is that they want to confuse everyone and continue to destroy confidence...or the author is simply a clown who holds too much power and has gone unchecked too long.

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