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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 Frank007on May 30, 2024 7:20pm
158 Views
Post# 36065447

RE:OTHER INTERESTED PARTIES

RE:OTHER INTERESTED PARTIESThis is not the same gov,t that  was in power when oil was discovered ...it's a socialist gov,t and like Colombia are giving it a try ..these guys like Petro in Colombia will be gone by the next election ...that's my call ..Petro has already destroyed the aaColombian economy ....these guys only have oil revenues to splash around to stay in power ....so will the new gov,t .....
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