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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 Nov 08, 2023 6:34am
202 Views
Post# 35722987

RE:RE:RE:War

RE:RE:RE:WarLCSulla, check out the fec board. I'll post stories there so as not to clog up this board. The reason why I'll post on Frontera's board is because I think that fec would probably want to pursue opportunities in Venezuela. I think that some of their original founders back in the Pacific Rubiales days were former high officials with PDVSA, the national oil company of Venezuela. Anyway I'll post the link to a story here just this one time. But I'll be posting many more on the fec board: https://sweetcrudereports.com/top-oilfield-service-firm-slb-moving-to-resume-work-in-venezuela-ceo-says/
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