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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 Kelvinon Sep 01, 2023 10:39am
260 Views
Post# 35615880

RE:AGM done

RE:AGM doneWell the stock has captured my and the "collective" that I belong to interest again. We lost it on Kawa spud when they announced "tight hole". But just the mere fact that Stockinger and Durkee were there yesterday available for questions got a lot of people's attention. Drilling hands can tell when someone is blowing smoke or not so their answers would have had to have been honest had they been asked questions. The overall impression is that cgx is not trying to hide info surepticiously. They have to be judicious I guess about what they release pre negociations. Wouldn't they want to sell access to their data room? I would! For big bucks too! 
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