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 > 197ft at Bluefin

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Comment by soulfireon Mar 18, 2024 10:58am

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Post# 35938264

RE:RE:RE:RE:RE:197ft at Bluefin

I don't remember EXXON ever releasing technical info. to the public. This is the downfall of CGX as well as many other boneheaded decisions. CGX/FEC decided to explain every aspect aspect of the drill and they paid dearly. People on this board are caught up with technicalities also, maybe trying to show off their knowledge of the Industry. WHO GIVES A CR*P, THIS IS AN INVESTMENT!!!!

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