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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 firo1988gton Aug 31, 2023 9:37pm
309 Views
Post# 35615036

RE:RE:AGM Attendance Update

RE:RE:AGM Attendance UpdateI understand everyones frustrations especially when you only hear inacurate assumed information from other posters.  I have only just arrived home as the trip to the AGM is three hours driving and one hour on the go train.  This makes for a total travel time of 8 hours.  The AGM was very well attended with the most attendees I have seen in about the last eight years.
Those in attendance from stockhouse were Devanand1, Whyworry, Jtdd, Gtboy and myself Fiero.
There was a two hour long very open and frank discussion as part of the Q&A period. I feel bad that I hadn't heard or read that She Drills would have liked a zoom call for this AGM as I would have at least brought it to thier attention.
I asked if a major would have a higher interest in a buyout of CGX rather than bidding on one of the other new oil blocks?  He said that it would be the case if the lab results come back very positive.
I also asked about the port.and Jdtt has already addressed the answer in his previous post.
Suresh was very adament not to believe everything you read and hear.  Only believe information from an original CGX news release.
It was nice to meet other members of Stockhouse.  FIERO  GLTA
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