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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 oildarts2on Dec 04, 2023 5:26pm
144 Views
Post# 35767907

RE:OBFUSCATE

RE:OBFUSCATE
makes perfect sense if your aim is to prove up a region without forfiting any potencial revenues. they found pay zones and moved on to another venture without acurate disclosures ...simply scuttle the companies and rebrand the zones independently in the future for maximum full ownership of all profits....never lose sight of the fact you are dealing with the worst of the worlds worst criminal elements at all levels in this region....mainly exxon who wrote the book and turns all the pages....look at these plays as toy puppets for distracting the feeble minded
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