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 > War

<< Previous

Bullboard Posts

Next >>

Comment by LCSullaon Nov 08, 2023 10:29am

126 Views

Post# 35723523

RE:RE:RE:RE:RE:RE:RE:War

It is good our oil field is not in the disputed area. However,the port/berbice river is. Threats of future investments into Venezuela by xom/cvx could deter Maduro but his oil fields are degraded and not coming back anytime soon. Friday we better get this cgx story resolved. Glta

<< Previous

Bullboard Posts

Next >>

Umicore hits pause on Canadian battery materials plant construction