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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 18, 2023 12:42pm
214 Views
Post# 35742638

Who cares ….

Who cares ….They gave up demerra and Beatrice ..   the seismic and wells drilled on shore show nothing ,.nada ...zip ...do you keep that area for...What ...no they were smart duped them and  know the oil is out in the deep not in the shallows ...so good on them ....I still say it's a ploy to shake you out of your position ....this ares with the discoveries ....should as shedrill s was estimating could  have a biollion barrel associated with it ....even if it's only around 4 to 500 million ....cgx shares should be valued at $5 or there about s .....Frontera ...shares $28 to $38 .....your guess is as good as mine ....Shedrills I has a better handle on the value ....the shake out continues ....just how is a stoke with 287,000,000 shares out ...and 2,000,000 shares traded daily controlled @ $.40 so easily ....think about that .....for me. It's a crooked shake out ....I picked up another 10,000 @ . 38 cents we will see but I believe it's a shake out ...just buy the way it's manipulated ...something is behind it ! ....
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