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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.


TSXV:OYL - Post by User

CGX Energy Inc > Cage rattling
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Post by waitingstillon Aug 16, 2023 11:39pm
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Post# 35592245

Cage rattling

Cage rattlingI wonder if it would be beneficial for us minoroty shareholders to rattle some cages? Voice some dissent at least via emails?

If so, who do we target? De Alba becuase he holds management seats in both comapnies and has eyeballs on everything and should be responsible for cgx shareholders? Suresh because he should be supporting cgx fully instead of displaying his incompetence dailly? Or cgx board and someone like Zoback who is supposed to have somewhat of a good rep?

I think deAlba. He has most at risk with lawsuit given his positions.

Any thoughts?
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