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 > To the Haters

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Comment by Mbxwatcheron Sep 22, 2023 9:42am

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Post# 35648995

RE:RE:RE:RE:RE:To the Haters

Come on lets be real, we have absolutely no idea what the fair market value on this is.

With a horrible lab result it is close to zero.....We have a boat dock, and no money to finish it.

With great results it is likely a multiple of where we are at right now.

Nobody can convince me that the last financing was done at fair market value.
It was a big bully beating up a little kid on the playground.....

We wait, that is all there is to do.