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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

Comment by soulfireon Aug 11, 2023 7:52am
153 Views
Post# 35583368

RE:RE:Santonian and WI…

RE:RE:Santonian and WI…I would say this is grounds for a Class Action lawsuit.
DeAlba sits on both boards.
Given what we know about CGX and Suresh, the latter should be sued personally.
Why is FEC the only option for Suresh?
Why does he earn $500K when CGX generates no revenue?
Personally, I really don't care if he earned millions, but give something back to us retail shareholders.
He has no Oil and Gas experience, he has no financial experience, why is he even C0-Chair?
Suresh's actions has lead me to believe, he has sold CGX for cheap to keep his pay check.
I say we blitz both companies with emails and demand answers.
SUPER PISSED!!!!!
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