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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 Kelvinon May 30, 2024 5:07pm
141 Views
Post# 36065251

RE:RE:RE:Activity is happening everywhere… except with us.

RE:RE:RE:Activity is happening everywhere… except with us. My buddy actually worked for Lacey when my buddy worked deepwater GOM. Says that Lacey ran a great operation. My buddy is a retired company man. Anyway lots of opportunity to make some money in the oil patch these days. Oyl isn't the only game in town. Hook up with some private equity group of oil patch "trash". Lol. Those are about the only people who I'd trust. Guys and gals who worked and educated themselves up the ladder from scratch. Gotta be a few in Alberta. New micro-companies popping up all over western Canada my buddy says. All private money. I can't recommend anybody but the patch is a very small world. Your reputation preceeds you in most cases. Easy to spot and weed out the posers, opportunists, slime bags etc. 
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