Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 westcanprideon Mar 23, 2024 3:18pm
176 Views
Post# 35948950

RE:RE:RE:FIVE MORE FPSO

RE:RE:RE:FIVE MORE FPSO

The government is run by a bunch of idiots. Look at the port... something that would be of benefit for the entire country. What does the government do... they allow CGX to kill literal years and more shockingly allow it to turn into a massive joke of a project. Boat docks in central Alberta look more promising than the shi* they have built. Brazil probably wonders infernally "what the fuc* are we going to be able to export in any meaningful amount with that piece of garbage". So much money is still needed there... and brains. 

The government talks a good game (recent offshore bid round), then goes and gives land to a new Guyana startup run by a bunch of women. It's comical and pathetic. No doubt executives across the oil industry view the government as a bunch of fools. Least on a plus the government likes oil. Something that can't be said in many other areas globally. 

<< Previous
Bullboard Posts
Next >>