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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 Frank007on Nov 11, 2023 8:24pm
211 Views
Post# 35730542

Cementos Algos ….

Cementos Algos ….You ask whats that ..its one of the largest construction aggregate suppliers for the Carribean basin .and guess where its out of Cartegena Colombia now do you think thats a coincidence that the Beatrice river port is being built to take aggregate barges as early as this spring ? on another subject why do you say Santonian resevior is trash has that been stated anywhere ..? ..I m pretty sure by the number of shares trade that this is just a stall tactics to shake out weak hands . That port project alone will be a cash cow for this little company heck Delta B C is doing a 1 billion $ port expansion to service container traffic I ,m sure Catalyst capital would love to dump it all but they are in pretty deep and the only way out is a compete or partial sale as Kcac kas stated ..
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