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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

Post by SheDrillson Sep 08, 2023 11:39am
384 Views
Post# 35626237

Lab Results

Lab ResultsI've heard from multiple people that the lab is backed up.  They might have some results but I'm fairly confident that don't have them all back as yet.

I asked who the lab was because I wanted to buy some stock there (afterall, they are busy right?) unfortunately it's not a publicly traded lab.

Although CGX clearly thinks of we shareholders as afterthoughts....Frontera does have larger shareholders with influence them so again...I'm looking to Frontera to drive the next update...it's got to come from them because CGX no longer has the people to interpret results.  It's all up to Victor Vega and Regan Palsgrove to drive this home.  
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