CGX Energy Inc V.OYL

Alternate Symbol(s): CGXEF

Energy Oil & Gas E&P

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

CGX Energy Inc > 52 week lows

<< Previous

Bullboard Posts

Next >>

Comment by waitingstillon Dec 05, 2023 2:26am

158 Views

Post# 35768352

RE:RE:RE:RE:RE:52 week lows

No doubt wcp. They need to be honest and clear but hopefully we can focus on the positives. It is clear that S zone was not as clear cut as we had hoped and like will need many more holes to define what it will be worth and cgx will not be around for that unfortunately for shareholders. So we can reasonably focus on the positives and get our SP moving in the right direction before any suitors come along such that a good value can be placed on our SP.

<< Previous

Bullboard Posts

Next >>

5 steps to mastering risk management in the stock market