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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 > One last blurb ….
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Comment by waitingstillon Aug 26, 2023 2:42pm
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Post# 35606828

RE:RE:RE:RE:RE:RE:One last blurb ….

RE:RE:RE:RE:RE:RE:One last blurb ….Harel - go ply your ECO fantasies on their board and stop wasting our time. Tullow left and sold it back for a song becuase it is high risk and currently worthless. Thus they left. What is it about a company leaving a block that has two supposed discoveries that you don't understand? If there was any value, they would still be there. 
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