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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 waitingstillon Nov 11, 2023 3:26am
232 Views
Post# 35729904

RE:Pirate Ship !!!

RE:Pirate Ship !!!For a supposedly very "risk averse" company, fec is tipping their hand with this "stand alone" comment. How did they come to that conclusion after 13 feet of Maas pay?!. They didn't come to that conclusion after 66 feet of Maas pay in kawa! I believe they have an independent third party report and are actively suppressing it for whatever reason. But that is material to cgx as evidenced by todays bloodbath. How do we get this to come out?
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