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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 westcanprideon Nov 29, 2023 9:47am
187 Views
Post# 35758364

RE:Data Rooms

RE:Data Rooms

Don't worrry, I'm sure De Alba will work his deal making magic and make executives from these major companies go in awe over his thought process. 

but jokes aside... he's a useless POS and will have next to no influence over any actual deal going forward other than providing a signature. The real deal makers are now in control of this project (Houilan Lokey and eventually executives from other companies). They will evaluate the data and make an offer that's fair in their minds. Like all his other failed ventures elsewhere, he's been proven to be a useless bum and will be also cast aside here for the greater good of the everyone.

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