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 > Trading

<< Previous

Bullboard Posts

Next >>

Comment by Schreibzeyon May 15, 2024 11:17am

169 Views

Post# 36041173

RE:Trading

To this point, both Anon and CIBC are net buyers in the month of May....along with Raymond James which ironically had that large overhang sell order while the short borrow rates were high. Good news, the short borrow rate has also been the lowest in a few years since 9 May 2024, both on the US side and Canada.

<< Previous

Bullboard Posts

Next >>

E3 inches closer to Alberta's first lithium production plant