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.

TSXV:OYL - Post by User

CGX Energy Inc > Late results

<< Previous

Bullboard Posts

Next >>

Comment by TickerStock101on Sep 28, 2023 7:25pm

402 Views

Post# 35660584

RE:RE:RE:RE:RE:RE:RE:Late results

If Bluefin is on the extension of the central northern corentyne block then I think we could say that Exxon has the well results from Wei and Kawa and they like them. In addition I think we can ascertain that FEC is trying to get prime dollar for their acreage as Exxon needs to be certain before paying top dollar that north central corentyne has oil.
Thoughts?

<< Previous

Bullboard Posts

Next >>

Here are three global stocks you should watch