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 > Today OYL will open at 0.31¢ and close at 0.40¢ GAP-UP

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Comment by bazilfawltyon Feb 15, 2024 10:10am

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Post# 35881702

RE:RE:Today OYL will open at 0.31¢ and close at 0.40¢ GAP-UP

traderstock101
you haven't been right since you appeared on this board...maybe time to upgrade to traderstock102... more schooling maybe in order.
We are stalled out until some material news comes out...JV with major company etc.or sale of assets.
This has been apparent to the long investors, but flippers can spout numbers, but, we need positive news on material fronts to move the SP from being stalled out.
Cheers
good luck here

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