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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 jtddon Nov 13, 2023 11:34pm
325 Views
Post# 35733512

Conference call

Conference callOn a separate note, I contacted the Alberta Securities Commission today because that is the province in which Frontera is registered. I told them about the refusal of Frontera to take any further calls at the end of the conference call after the first one, as confirmed by the conference organizer, Cision. As well, I described the the nature of the update with respect to the highly conflicting details between the June 28th news release and what they had to say on the November 10th report. Also, the fact that no one from Frontera will respond to emails or phone calls. They said they would look into it and contact the company to inquire about the allegations. I’ll report what I hear if they get back to me.
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