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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 soulfireon Nov 13, 2023 10:31pm
136 Views
Post# 35733466

RE:Resource estimate

RE:Resource estimateWS I personally don't think this story ends like this.
The resource estimate is material to CGX  they will have to release it in the coming days.
We all need to email both companies. WS posted the email addresses on ST, I suggest everyone use them, especially Suresh's..
Wouldn't it be awesome to have maastricjtisn soon reserves soon followed by camp and santonian in a couple of weeks and then bluefin?
BTW oil is worth 10 bucks with crude over 70 bucks.
We still have a lot of value here.
I've said many times  I'm in this because of what's in the ground not so much for what's above ground.
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