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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 westcanprideon Nov 03, 2023 10:09am
354 Views
Post# 35715622

Shame on you.

Shame on you.

To Stockinger, Durkee, and Lacy... shame on you all! You guys were brought into CGX to provide value and industry expertise. Each of you have failed miserably and are pathetic embarrassments. 

The port is a complete POS joke, wells were drilled massively over budget and were unable to collect pertinent data, and horrendous deals continuously occur with Frontera. Like what the hell is wrong with you three? I get it, Suresh is a loser and is only interested in helping himself. But you three worked for North American oil companies and should have received ethics training, technical training and leadership training. It looks like you three are just as useless as Suresh when it comes to adding value to a company.

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