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

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Post by SportyJon Aug 31, 2023 2:36pm

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Post# 35614303

Forget the Lawsuit Talk

Form an LLC or LLP and call it N. Corentyne Partners (NCP). Offer CGX $18m for the 4.7% wi subject to due diligence. Get in the data room.

There is enough technical expertise (geo, eng, acctg) on this board.

Now that would throw a wrench in the gears. A fly in the ointment. Plus I've always wanted to own an interest in the golden lane.

It'd fun; think big!

All imo

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