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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 Devanand1on Nov 12, 2023 1:47pm
267 Views
Post# 35730955

The Directors

The Directors

All of the Directors have been sitting on this board for the past number of years doing absolutely nothing of value that I can see. How did they protect the shareholders' interest after giving away over 70% of this company, and we are still beggars, financially speaking. Did these directors not asked any questions over the years. Now they are all keeping a low profile. They need to be accountable as well. 

Secondly, who is this new fella that joined Stockhouse 5 days ago and posting like crazy trying to put a positive spin to this? 

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