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.

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CGX Energy Inc > VENEZUELA TO ANNEX 2/3 OF GUYANA?

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Comment by Kelvinon Jan 02, 2024 9:27am

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Post# 35806815

RE:RE:VENEZUELA TO ANNEX 2/3 OF GUYANA?

Yes Dev, the buzz on the Venezuelan side is that Maduro is too afraid to send troops across any border because he fears that they will defect. Drop their arms and ask for asylum. All the Guyanese would have to do is offer them some arepas for breakfast and a coffee. True story.

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